Volvo Financial Services Related Content

ELFF Elects Officers, Adds New Trustees, Presents Research Award

At the annual meeting of the Equipment Leasing & Finance Foundation’s board of trustees, officers and new trustees were announced for 2017. In addition, James Schallheim received the Steven R. LeBarron Award. read more

Volvo Financial YTD Operating Income Up On Lower Credit Losses

Volvo Financial Services reported business YTD operating income of $169 million was up 3.2% from the same period one year ago as credit provision expenses were down 24% from the same period in 2015. read more

Volvo Financial HI/15 Volume Up 6.8% Year/Year

Volvo reported that its Volvo Financial Services unit new financing volume during the first half of 2015 was $3.1 billion, up 6.8% from $2.9 billion a year earlier. read more

Hawkes Retires, Pedroso to Head Volvo Financial Services, Americas

Marcio Pedroso has been appointed president of Volvo Financial Services, Region the Americas. He takes over for Leo Hawkes, who has retired after 13 years with VFS. read more

Seamless Coordination: Rafkin Takes the Helm of Volvo Financial Services

When customers think of Volvo, they think of it as one entity, not separate parts of a whole, says Scott Rafkin, president of Volvo Financial Services. To develop and sustain long-lasting dealer and customer relationships, he notes the importance of seamless coordination throughout the Volvo Group. As president, he looks forward to continuing to support the legacy set by the Volvo Group’s brands.... read more

Volvo Financial Q2/14 New Financing Volume Up 18.8%

Volvo reported that its Volvo Financial Services unit’s new financing volume in Q2/14 was $2.03 billion, up from $1.71 billion or about 18.8% compared to the same period a year ago. read more

Volvo Financial Services Names Rafkin President

Scott Rafkin was named president of Volvo Finance Services. He is currently acting president, having replaced former president Martin Weissburg. read more

Volvo Reports Volume, Assets Reach ‘All-Time Highs’

Volvo reported that its Volvo Financial Services unit’s new business volume and assets under management reached all-time highs. VFS financed 16,450 new units during Q4/13, up 17% from 14,063 a year earlier. read more

Platinum Equity Acquires Volvo Rents for $1.1B

Platinum Equity announced it completed the acquisition of Volvo Rents from the Volvo Group for $1.1 billion. read more

Volvo Says North American May YTD Deliveries Up 41%

Volvo Group announced that North American truck deliveries year-to-date through May were 22,237 units, 41% higher compared to the same period in 2011. Volvo said Mack brand sales in May were up 80%. read more

Volvo Financial Services Selects Sword Apak Floorplan Solution

Volvo Financial Services said it has selected Sword Apak to implement a wholesale floorplan system to support its commercial finance portfolio, including Mack trucks, Volvo trucks and Volvo construction equipment. read more

Volvo Financial Services Names New U.S. President

Volvo Financial Services Region the Americas said it has promoted Tom Guse to president of Volvo Financial Services, U.S. He has been with Volvo Financial since 2007 and will lead truck and construction financial services. read more

Volvo Financial Services

With recently passed tax incentives in capital equipment, new emissions standards ready to take effect at the end of 2010 and one of the oldest U.S. truck fleets on record nearing a necessary replacement cycle, Martin Weissburg, the president and CEO of Volvo Financial Services, thinks the future is looking bright for the American trucking sector. ... read more

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