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Engineers at Volvo Construction Equipment are developing Intelligent Transport Systems (ITS) which could reduce fuel consumption by up to 30% in certain applications and increase safety.
Sharply lower global demand, especially in the mining sector, weighs on first quarter 2013 results at Volvo CE. But with improved profitability over the previous quarter and inventories now in balance, the company has increased production to meet the spring selling season.
A major investment program at Volvo CE’s Shippensburg production hub sees the first US-built wheel loaders roll off a new assembly line, as well as the inauguration of a new Americas headquarters building.