Volvo Construction Equipment (Volvo CE) has divested its wholly-owned dealership in south-east Germany, Volvo Baumaschinen Bayern (VBB), to neighbouring distribution partner Robert Aebi. The deal, for an undisclosed sum, includes the transfer of the company including all assets, employees and sales territory. The distribution in the south of the country, with Robert Aebi, now consists of a well-financed, independent and strategically aligned partner and this latest move strengthens Volvo CE’s competitive po
A new international meeting point gathers road innovators with the world’s top policymakers. Technology and innovations are evolving at a pace never seen before in the history of the road and transport sector. From innovations in materials, such as self-healing concrete and rubberised asphalt, to advances in construction equipment automation, and of course, the dawn of the connected and automated vehicle, many experts agree that road mobility is on the verge of a new era.
“With such remarkable development
No sooner had senior managers told a roomful of journalists that corporate restructuring is on track, news followed that Volvo Group’s chief executive had been replaced
Olof Persson fell from his perch following pressure from shareholders' dissatisfaction over the group’s weak financial performance in recent years. Volvo group plans to appoint Scania’s head Martin Lundstedt to the role staring in October.
Until then, Volvo Group’s chief financial officer Jan Gurander will be standing in. Lundstedt and G
