The CV corporation saw net sales of SEK473.5bn in 2022 from SEK372.2bn in 2021. CEO and President, Martin Lundstedt, stated that Volvo ended 2022 in a good financial position with an adjusted operating margin of 10.7%.

The Volvo subsidiary celebrated the production of its 10,000th MD series truck, a range which Mack Trucks began making in September 2020.

The model shown at World of Concrete in Las Vegas features self-heating LED headlights which improve forward visibility by up to 29% and peripheral visibility by up to 50%.

Jonathan Randall will take up his new role from 1 December, having joined Mack Trucks in 2016.

First introduced in 2019, the HAULMAAX EX boasts a progressive load system and angled bolster springs which reduce road shock, wheel hop and vibrations.

Allison Transmission Inc, based in Indianapolis, Indiana, has announced an agreement with Mack Trucks Inc, headquartered in Greensboro, North Carolina. Under the agreement, Allison’s 3000 Rugged Duty Series (RDS) transmission will be offered in the Mack Class 6 and Class 7 MD truck series.

The new-generation truck boasts 42% more energy, with battery capacity up to 376 kWh.

The package, offered through Mack Financial Services, will provide customers with a chassis, refuse body, and maintenance plan.

New Anthem and Pinnacle trucks will now come with Mack Predictive Cruise Control with Econo-Roll to promote greater efficiency and fuel savings.

The Group reported an increase of 11% in net sales but supply chain issues led to production delays and increased costs.

Mack Defense, part of Volvo Group-owned Mack Trucks, has relocated its headquarters from rented accommodation in Allentown to the Mack Customer Centre in the same city.

Volvo Group’s American subsidiary, Mack Trucks Inc, is to commercialise the LR Electric, its dedicated refuse collection model equipped with a fully electric integrated Mack drivetrain.