Volvo Buses, latest news

Volvo Buses has received an order for 57 gas buses from Nobina in Malmö, Sweden. The buses can operate on both natural gas and biogas and contribute to reducing the environmental impact.

Volvo Buses reports a profit of SEK 155 M for the third quarter. Both sales and order bookings were higher than in the third quarter of 2009.

Volvo’s hybrid buses are being sold successfully in Europe. The company is now taking the next step and will commence test driving in Brazil and Mexico.

Volvo Buses is now launching the Volvo 9500. The smaller engine and the optimized basic design present more opportunities for customers to conduct cost-efficient operations.

Volvo Buses already has the market’s best telematic system for its customers, ITS4mobility. New innovations will further reduce costs and increase availability.

Volvo Buses has secured an order for 300 double-deck buses from SBS Transit in Singapore with a value of about US$ 110 million. SBS Transit has once again opted for environmentally enhanced Euro V engines.

Volvo Buses has received an order for 1,000 Volvo B7RLE bus chassis to Panama City. Low fuel consumption and a high level of availability were decisive factors in the customer’s decision to purchase Volvo vehicles.

Volvo Buses reports improved profitability with a profit of SEK 259 M for the second quarter 2010, despite somewhat lower volumes compared with the same period in the preceding year.

Volvo Buses has received an order for 400 city buses for Casablanca in Morocco. One core reason that Volvo secured the order is that the buses have low life cycle costs.

Volvo Buses will now commence serial production of its hybrid bus Volvo 7700 Hybrid and the double-decker Volvo B5L Hybrid. The hybrid bus will reduce fuel consumption by up to 35% and carbon emissions by an equal amount.