Volvo Cars is stepping up cost-cutting in a bid to reverse a drop in profit as the Chinese-owned company succumbs to pricing pressure from competitors and trade friction that has unsettled global auto manufacturers.
Category: News
Volvo Cars Boosts Cost Cuts in Light of Declining Profit
Volvo Cars is stepping up cost-cutting in a bid to reverse a drop in profit as the Chinese-owned company succumbs to pricing pressure from competitors and trade friction that has unsettled global auto manufacturers.
Volvo Quarterly Earnings Surge as North America Deliveries Jump
Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.
Volvo Quarterly Earnings Surge as North America Deliveries Jump
Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.
Renault’s Senard Plays Down Potential for Nissan, Fiat Mergers
>Renault SA Chairman Jean-Dominique Senard appears to have put merger considerations on the backburner as longstanding partner Nissan Motor Co. needs time for a turnaround and a failed deal with rival Fiat Chrysler Automobiles NV remains “dead.”
Machines, Software May Be Best Bet to Conquer Final Mile
More than five years after a Christmas season in which UPS Inc. and Amazon.com offered refunds for late shipments, final-mile delivery still has plenty of kinks.
Fed: Economy expands at modest pace
While some areas in the U.S. continued to report a healthy expansion in transportation, others said activity had declined modestly.
Driver turnover rate for large truckload carriers jumps in Q1
The American Trucking Associations Chief Economist Bob Costello said the turnover rate in the first quarter of the year demonstrated a muddled picture of the labor market for drivers, as the turnover rate at large truckload fleets rose five percentag
Heavy-hauler 'gets it right' with tires for double-drop trailers
Try and try again. According to Linus Sweger, shop foreman for Carlisle, Pennsylvania-based Keen Transport, that’s what he did while finding tires for the company’s double-drop trailers.
“We’re a heavy-haul operation and run 175 power units and 450
Automating the procure-to-pay process to increase working capital
Companies that invest in automation in their AP departments reduce the per purchase order cost from $18 to $5, according to The Hackett Group.