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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Volvo    VOLV B   SE0000115446

VOLVO

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AB Volvo : The new Volvo FM - the ideal all-round player in Volvo Trucks' model range

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03/19/2013 | 03:15am EST

Regulatory News:

Volvo (STO:VOLVA)(STO:VOLVB):

Volvo Trucks now presents its new Volvo FM. Offering top-notch flexibility and transport efficiency, it covers the needs of most customers. Among the new features are an improved driver's cab and the groundbreaking Volvo Dynamic Steering that boosts the truck's first-class driving properties.

"The new Volvo FM is easy to customise to suit individual needs. To use the language of football, the FM is that invaluable all-round player that does an equally brilliant job wherever it is needed," says Claes Nilsson, President of Volvo Trucks. He adds:

"Volvo Dynamic Steering is a world-class technical innovation. It benefits the truck driver in all operating conditions by creating a safer, more comfortable and more enjoyable working environment.

On the highway the dynamic steering system provides exceptional directional stability. At low speeds even a heavily loaded truck is so easily manoeuvrable that it can be steered with little effort."

Excellent driving experience

Improved suspension is another upgrade that contributes to the excellent road manners.

"The driving experience in the new Volvo FM benefits from most of our recent innovations. Progress on the road is more assured, with better roll stability. To improve fuel efficiency, the I-See system, which can cut diesel consumption with of up to five percent, is now also available on the FM," says Claes Nilsson.

Flexible and efficient

Lower weight, new axle configurations, increased chassis flexibility and crystal-clear interfaces for bodybuilders all allow the customer to tailor the perfect truck for the job.

High product quality combined with the option of advanced telematics to monitor a number of components means that Volvo Trucks can guarantee the truck owner maximum uptime.

While the Volvo FM is productive and economical for the customer, it also offers the driver a completely new working environment.

The driver in firm focus

The in-cab environment is designed with the driver in focus. The result is an effective, ergonomic and safe workplace with increased space for the driver and more storage capacity than before.

Another new feature is the possibility of downloading the new "My Truck" app, which allows the driver to remotely control and monitor some of the truck's functions.

The new Volvo FM is being launched with a comprehensive range of 11- and 13-litre engines that meet the Euro 6 requirements, which come into force at the start of 2014.

The Volvo FM is being unveiled for the first time at the Commercial Vehicles show in Birmingham in April 2013. Production for European customers will get under way in September 2013.

See the film about the new Volvo FM at Volvo Trucks YouTube (http://tiny.cc/gwz4tw).

March 19, 2013

Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video about the Volvo Group's various production plants and products. You can download graphic images in the form of MPEG2 files or order them on Beta SP tape. Registration and video are free to the media.

Images are available in the Volvo Trucks image bank http://images.volvotrucks.com.

Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy duty trucks. Customer support is secured via a global network of 2,300 dealers and workshops in more than 140 countries. Volvo trucks are assembled in 16 countries across the globe. In 2012 more than 105,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, and drive systems for marine and industrial applications. The Group also provides solutions for financing and service. Volvo´s work is based on the core values quality, safety and environmental care.

This information was brought to you by Cision http://news.cision.com

Volvo Trucks
Eva Lindeberger, media relations
phone: +46 31 322 8078
e-mail: eva.lindeberger@volvo.com


© Business Wire 2013
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Financials (SEK)
Sales 2019 392 B
EBIT 2019 38 741 M
Net income 2019 28 933 M
Finance 2019 44 048 M
Yield 2019 3,94%
P/E ratio 2019 9,51
P/E ratio 2020 10,20
EV / Sales 2019 0,62x
EV / Sales 2020 0,64x
Capitalization 286 B
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 152  SEK
Spread / Average Target 13%
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NameTitle
Martin Lundstedt President, Chief Executive Officer & Director
Carl-Henric Svanberg Chairman
Jan Olof Ytterberg Chief Financial Officer
Lars Stenqvist CTO & EVP-Group Trucks Technology
Hanne de Mora Independent Director
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