On July 17, the Volvo Group reported higher than expected earnings for Q2 2024 as signs of recovery in Europe helped it offset sluggish demand in North America.
Truck orders in North America have fallen more than 40% in recent months compared to 2024, adding to pricing pressures and buyer sentiment across the sector.

On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems that spill over to affect domestic industries.
“As we navigate a challenging economic environment, we’ve s

On July 8, Daimler Truck announced its updated Group strategy called “Stronger 2030” at the Capital Market Day 2025.
The strategy is built on the following five key pillars to increase profitability and resilience:
The Group is focusing on economies of scale, shown by the planned merger of Mitsubishi Fuso and Hino.In

Note: Some figures were updated on July 10.
The number of new vehicles sold in the U.S. in June 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by Marklines as of July 2, was 1,259,037, down 5.6% from the same month last year. The number of sales days in June was 24, two days

On June 23, Daimler Truck announced that it is investing significantly in EVs and sees hydrogen as a key addition to battery-powered options. The company now has 11 battery-electric models in production worldwide.
Hydrogen powered trucks are expected to be introduced in the near future. Five companies are currently t

Announced on June 20, 2025, the 32nd Gaikindo Indonesia International Auto Show (GIIAS), organized by the Association of Indonesia Automotive Industries (Gaikindo), will take place from July 24 to August 3 at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang.
From hybrids and electric vehicles to the lat

On June 18, Volvo Trucks India launched its first gas-powered truck for mineral transport – the Volvo FM 420 LNG 4x2 Tractor. Equipped with high-pressure direct injection (HPDI) technology, the truck delivers up to 20% lower CO₂ emissions compared to diesel counterparts, without compromising on power, torque, or upti

On July 17, Volvo announced an upgrade to its dynamic steering system with a new feature that detects tire blowouts and immediately take action to keep the truck safely on the road. The upgraded Volvo Dynamic Steering is available for Volvo’s FH, FH Aero, FMX and FM models.
This new feature adds to the many benefits

On June 17, Daimler Truck and Volvo Group announced the launch of Coretura AB, a joint venture focused on revolutionizing the commercial vehicle industry with a next-generation software-defined vehicle platform.
The new joint venture, based in Gothenburg, Sweden, began operations in early June 2025. It aims to set a

On June 10, Volvo Trucks launched a new safety feature that automatically limits truck speed in specific areas using geofencing. It's one of the first services of its kind in the industry, aimed at improving road safety and reducing driver stress.
It is known as Safety Zones, the system allows fleet managers to set s

Note: Some figures were updated on June 6.
The number of new vehicles sold in the U.S. in May 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of June 4, was 1,468,632 units, up 1.4% y/y. The number of sales days in May was 27, one day more than in the same mont

On May 29, Girteka Group, a European asset-based transportation company, signed a major agreement with Volvo Trucks to acquire 2,000 heavy-duty vehicles, marking the largest single truck order in Europe for 2025. The order includes the latest Volvo FH and FH Aero models, with deliveries scheduled throughout 2025.
The

On May 21, it was reported that Volvo Trucks will begin hiring in October 2025 for its new plant in Ciénega de Flores, Nuevo León, which is set to open in May 2026.
The facility, confirmed as the group’s largest globally, will produce Volvo Trucks and Mack Trucks. The project represents a total investment of USD 1 bi

On May 20, Volvo Trucks announced that it will launch and starts orders for its new long-distance electric truck, the Volvo FH Aero Electric with e-axle, in the second quarter of 2026.
The new FH Aero Electric offers fast charging and can drive up to 600 km on a single electric charge. It also supports the Megawatt

On May 16, multiple sources reported that Renault Algeria's factory still has not been approved to restart in Oued Tlelat, Oran. It has been shut since 2020 and is still waiting for approval to restart. The government has not given the green light yet.
In March 2025, the Ministry of Industry's technical committee den

On May 15, Volvo Group Australia announced that it will begin manufacturing the first-ever Australian-made heavy-duty electric trucks at its Wacol facility in Brisbane, Australia in 2026, expanding Australia’s manufacturing capabilities. 
The announcement comes as Volvo delivers ten heavy-duty electric trucks to Linf

On May 12, Volvo Trucks announced that it will introduce new aerodynamic improvements to its heavy-duty trucks, by applying concept from the aerospace industry. These modifications to the truck cab are expected to significantly reduce drag, fuel consumption, and CO2 emissions.
The FH Aero is the first truck to showca

The 2025 Commercial Vehicle Show reaffirmed its status as the UK's premier event for the road transport industry.
The 2025 Commercial Vehicle Show, held at Birmingham’s NEC from April 29 to May 1, reaffirmed its status as the UK’s premier event for the road transport industry. This year’s show spotlighted the sector’

On April 30, the Automotive Research Association of India (ARAI) granted CMVR Type Approval to Volvo Trucks India Private Ltd. for its Road Train Vehicle configuration—the first of its kind approved for the Indian market. The vehicle is now certified for public road use under the Central Motor Vehicles Rules (CMVR),

Note: Some figures were updated on May 8.
The number of new vehicles sold in the U.S. in April 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of May 2, was 1,463,493 units, up 9.9% y/y. The number of business days in April was 26, one day more than in the same