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Press release
2024-12-12
Volvo Trucks North America, Volvo Financial Services (VFS), and Quality Custom Distribution Services LLC (QCD) — a Golden State Foods LLC company — have collaborated on the largest deployment of Volvo VNR Electric trucks to date that support last-mile food and beverage deliveries. QCD utilized the innovative vehicle lease options and charging infrastructure financing solutions available through VFS, which were introduced to reduce the barriers fleet customers can encounter when switching to zero-tailpipe emission technologies.
Even as he started out with one small tractor in 1985, Jan Bakker had a dream of one day operating in the dairy industry. Fast forward nearly 40 years, and the company he founded is now one of the major operators in the agriculture sector in his native Netherlands. And, with the help of Volvo on and off the road, he’s also become a trailblazer in the electric vehicle transition.
Press release
2024-09-12
Volvo Financial Services, JA Worldwide Equip 10,000 Students with Financial Literacy Knowledge
Halfway through 2024, Volvo Financial Services (VFS) and JA (Junior Achievement) Worldwide have reached more than 10,000 students with financial literacy curriculum, thanks to the efforts of more than 180 VFS employee volunteers and support from dozens more JA educators. Combined with the 14,000 plus youth reached last year, VFS and JA have now equipped more than 24,000 students with skills such as entrepreneurial thinking, budgeting, financial goal setting, career development and more, positioning them for future success personally and professionally.
Danny Matic knows more than many about turning dreams into reality. He arrived in Australia in 1993 and in 2002 he started Matic Transport together with his wife – with just one truck. Twenty - two years later they have grown the business to more than 200 trucks and some 800 pieces of equipment.
Press release
2024-05-20
Volvo Trucks North America (VTNA) and Volvo Financial Services (VFS) have joined forces to form Volvo on Demand, a collaborative initiative to change and lead the industry in the Truck-as-a-Service (TaaS) business model. Using 25 Class 8 Volvo VNR Electric trucks, Volvo on Demand was designed as an innovative solution to simplify the acquisition and reduce the major upfront investment in battery-electric vehicles. Volvo on Demand provides qualified customers with flexible term options as short as 12 months and includes Volvo Trucks’ industry leading Gold Contract and the option to bundle vehicle insurance for physical damage and collision, route planning and optimization guidance, as well as consultation to find the best charging solution and incentives that might be available. Volvo on Demand is the next way to leverage the established electromobility ecosystem tailored for Volvo VNR Electric trucks in North America.
Press release
2024-03-29
Volvo Financial Services (VFS) today announced a continuation of its partnership with JA (Junior Achievement) Worldwide through 2025, bringing financial literacy skills and knowledge to even more youth around the world. In addition, VFS and JA are expanding their geographic reach with the addition of programs in Romania and Sweden. These new programs will be in addition to efforts already underway in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom and the United States.
From humble beginnings in southern Peru more than 75 years ago, hauler Vivargo has grown into an international market leader with ambitions for an even bigger prize. Now under the management of the third generation of the family, it has been a loyal Volvo Trucks customer for over 13 years, with the prospect of many more to come.
Forty years ago, Ronald Garkisch, Managing Partner at Euba Logistic, fell in love with the sound of the Volvo engines he heard rolling through the streets of Berlin. That bond remains to this day, despite the fact that his newest Volvo trucks just make a quiet humming sound.
Press release
2023-10-30
Mack Trucks Introduces ElectriFi Subscription Exclusively for Mack® MD Electric Vehicles
GREENSBORO, N.C. (Oct. 30, 2023) – In an effort to help customers more easily adopt battery-electric vehicle (BEV) technology into their fleets, Mack Trucks announced today it now offers from Mack Financial Services ElectriFi Subscription, a usage-based leasing option exclusive to new Mack® MD Electric models.
With 50-plus years of supporting the music business, Danish haulier Lars Stokholm has grown his company, Stokholm Transport, from a single truck to having an international presence, working with some of the world’s biggest artists in the process
Over the span of 25 years, Swedish hauler Christer Ohlsson has grown his small family business into a successful nationwide company. Operating within the field of waste management, construction and transport, Ohlsson’s passion for serving people is clear. And every day, he works towards being in a league of his own to exceed customer expectations.
Press release
2023-08-31
Volvo Financial Services (VFS) recently completed a yearlong collaboration with JA (Junior Achievement) Worldwide, bringing a message of economic empowerment through financial literacy education to more than 14,000 youth in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom and the United States.
Press release
2023-08-23
Volvo Trucks launched its customer-focused Turnkey Solutions program, a consolidated fleet management process for procuring vendor services, parts, and products for electric vehicle (EV) charging, in addition to outlook planning for incentives, installation, and interfacing with utility companies to streamline solutions for electric vehicle infrastructure development. The Turnkey Solutions electromobility program has two full-service partners — InCharge Energy and Gilbarco Veeder-Root — and is available to all Volvo Trucks North America customers.
Being financially literate is not as simple as it sounds, nor is it a basic understanding. Financial literacy is wrapped around everything you do with money: earning, spending and budgeting, saving and investing, credit and debt. This is one of the many reasons why I am passionate about our youth and their ability to have a good relationship with money. It’s exactly why, as the Vice President of People and Culture at Volvo Financial Services (VFS), I volunteer with Junior Achievement of the Triad.
Maintaining a harmonious work-life balance is a crucial aspect of overall well-being and sustained success. When individuals are passionate about their work and engage in fulfilling activities outside of work, it fosters a more innovative and creative work environment. One colleague demonstrating both is Kevin Zeigler, director of capital strategies syndication at VFS, who also happens to be a beekeeper. With World Bee Day coming up on May 20, we sat down with Kevin to hear how he appreciates the company's culture of valuing personal time and encouraging employees to pursue hobbies that help them relax and detach from work-related pressures.
Press release
2023-04-27
Volvo Financial Services (VFS) announced today the launch of iLabX 2.0, an evolution of its innovation accelerator program that provides startups the opportunity to develop and implement fintech innovations together with VFS. This upcoming program will focus on creating an exceptional experience for Equipment-as-a-Service (EaaS) customers.
CampX by Volvo Group recently expanded its innovation focus areas to include financial technology, or fintech. Thinking beyond today’s offers, fintech is helping transform the financial services industry through partnerships and collaboration with startups. This will accelerate the transition to sustainable transport solutions by finding new ways of working with customers and changing how customers can utilize the Volvo Group’s products and services.
Leading strategy and innovation for Volvo Financial Services (VFS) requires the identification of emerging and disruptive trends. That means I invest a lot of time understanding what’s happening in fintech, and how it could be used to make our business and our customers’ businesses more competitive.
Press release
2023-03-15
Volvo Construction Equipment (Volvo CE) showcased the present and future of the construction industry at CONEXPO-CON/AGG with machines and services that offer customers solutions to enhance their productivity and uptime while also preparing them for an evolving business environment.
Press release
2023-03-03
Volvo Trucks Launches Comprehensive Volvo Blue Service Contract to North American Customers
Volvo Trucks North America announced today that the Volvo Blue service contract — its adaptive, dealer managed service plan, which is paired with enhanced connectivity and covers all preventative maintenance, is now available to customers across North America. The comprehensive service plan was introduced to ensure customers’ vehicles are operating at peak efficiency and performance, and that all preventative maintenance is scheduled conveniently with a focus on maximizing uptime. The announcement was made this week at ATA's Technology & Maintenance Council's (TMC) 2023 Annual Meeting & Transportation Technology Exhibition in Orlando, Florida.
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