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The Volvo Group was reorganised on 1 January 2012 and as a part of the process, Volvo Trucks ceased to be a separate company and was instead incorporated into Volvo Group Trucks along Volvo's other truck operations, as Renault Trucks and Mack Trucks. [1] The first Volvo truck rolled off the production lines in 1928, and in 2016 Volvo Trucks ...
In 1986, Volvo AB entered into a joint venture with General Motors in heavy-truck production, with Volvo taking an 85% stake. [2] [3] Having acquired White Motor Company in 1980, the joint venture would do business as Volvo GM Heavy Truck Corporation, selling trucks under the combined WhiteGMC product badge. Under the joint venture, GMC trucks ...
The company soon sold 10 percent of all trucks made in the US. Although White produced all sizes of trucks from light delivery to semi, the decision was made after WWII to produce only large trucks. White acquired several truck manufacturing companies during this time: Sterling (in 1951), Autocar (in 1953), [16] REO (in 1957) and Diamond T (in ...
AM General also acquired Department of Defense contracts for medium and heavy trucks, including the M151 series, [30] 2 1/2 ton M35 series, and 5 ton M809 series in the 1970s, then the M939 series in the 1980s. In 2005, AM General was contracted to take over militarization, sales, and marketing of LSSV vehicles. [31] [6]
By mainstream accounts, General Motors' German subsidiary (Adam Opel AG) was outside the control of the American parent corporation during World War II. Some historians posit that GM profiteered on both sides, but Alfred Sloan's memoir [18] presents a description of lost control. However, GM found criticism for its tax avoidance around the Opel ...
In 1984 PACCAR posted record sales in its history of $2.25 billion. [38] [39] In the mid-1980s, PACCAR share of Class 8 trucks dropped to about 18% owing to aggressive competition from Freightliner Trucks, which is a subsidiary of Daimler AG and the merged operations of Volvo White and General.
During the Second World War, GMC Truck produced 600,000 trucks for use by the United States Armed Forces. In 1923, GMC trucks were exported to Japan to help recovery and reconstruction as a result of the Great KantÅ earthquake, and the company continued to provide vehicles as the transportation infrastructure was rebuilt. Before the earthquake ...
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...