Volvo Buses’ subsidiary Nova Bus has received an order for 410 city buses to Montreal in Canada. The order is valued at SEK 1.3 billion and deliveries will be made over three years beginning in 2009.
Volvo Buses recorded a profit of SEK 72 M for the fourth quarter of 2008, which is somewhat lower than the year-earlier period. The bus industry has been affected by the recession, but to a considerably lower degree than the rest of the automotive industry.
Volvo Buses has received orders for 424 buses to customers in Norway and Sweden. In Norway, three operators that won two large tenders chose for the most part to purchase Volvo buses.
Volvo Buses is now taking a further stride in its global expansion through the launch of the Volvo 9700 in the US and Canada. For the first time in more than 20 years, buses with the Volvo brand are being sold in North America.
Volvo Buses has received an order for 235 city buses to Sydney and Brisbane, Australia. In addition, there could be another 250 buses to Brisbane in the years ahead.
Volvo Buses is currently taking the next step in the development of its hybrid vehicles with the world premiere of the company’s new double-decker hybrid bus at the Euro Bus Expo show in Birmingham, UK.
Volvo Buses has received its first order for the company’s new hybrid bus, Volvo 7700 Hybrid. Sales-Lentz, a bus operator in Luxembourg, has ordered six hybrid buses with delivery starting in 2009.
Volvo Buses reports increased order intake during the third quarter 2008. Deliveries were higher than in the corresponding period a year earlier, but earnings remained negative.
Read all about the new Volvo 7700 hybrid bus and the first experiences from one of the Nova hybrid bus customers. There is also an article about a customer's positive experience of the fuel consumption of the Volvo 9700 and we take a closer look at the bus services at a Volvo Truck Centre outside Madrid, Spain.
Volvo Buses is one of few global bus manufacturers. In this issue you can read articles from Argentina, USA, Australia, China, India, Belgium and the Sahara desert in Africa.