Volvo AB ADR B (VOLVY) - OTCPK - Current
  • Oct. 20, 2015, 6:55 AM
    • Volvo (OTCPK:VOLVY) announces it will sell its external IT business to HCL Technologies. The company plans to outsource IT infrastructure operations to HCL after the closing.
    • The transaction is expected to provide both cost savings and a capital gain to Volvo.
    • The deal is scheduled to close in Q3.
    | Oct. 20, 2015, 6:55 AM | 1 Comment
  • Feb. 13, 2013, 9:25 AM
    Volvo (VOLVY.PK) makes an investment in DriveCam for an undisclosed amount to become a minority shareholder. Drivecam serves the trucking industry by using real-time analytics to help reduce accidents and lower fuel costs.
    | Feb. 13, 2013, 9:25 AM
  • Jul. 5, 2012, 3:03 AM
    GKN Plc agreed to buy Volvo's aircraft-engine unit for around £700M ($1.1B), sources say, with an announcement expected as soon as today.
    | Jul. 5, 2012, 3:03 AM
Company Description
Volvo is a producer of trucks, buses, construction equipment, drive systems for marine and industrial applications as well as components for aircraft engines. Volvo also provides financial services to its customers. Co. is organized into eight product-related business areas (Volvo Trucks,... More
Industry: Trucks & Other Vehicles
Country: Sweden