* Stockholm - Mack's parent company to reorganize truck businesses
-- Mack Trucks' parent company is letting the iconic heavy-duty truck manufacturer stand on its own wheels... The Volvo Group is planning to reorganize its truck operations into four separate units — Mack Trucks, Volvo Trucks, UD Trucks and Renault Trucks — giving each profit-and-loss responsibility for their respective businesses, the Sweden-based company said Wednesday... The new organization, with a total of 10 business areas, will be effective March 1... In addition to the four truck units, Volvo Group will comprise Value Truck & JVs; Volvo Construction Equipment; Volvo Buses; Volvo Penta; Governmental Sales; and Volvo Financial Services...
(Photo: Mack USA. trucks) -- Stockholm, Sweden - The Morning Call, by Jon Harris - 27 Jan 2016Labels: truckmakers' news USA
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