European truck makers fined billions for price fixing

BRUSSELS, BELGIUM -- The European Union is fining five truck makers nearly 3 billion euros (Cdn $4.3 billion) for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules. It's the highest fines ever imposed by the EU for a single cartel - twice the previous highest amount, imposed in 2012, according to Margrethe Vestager, the European Union's competition commissioner, in a statement. MAN (now owned by Volkswagen), Daimler, DAF (owned by Paccar), Iveco and Volvo/Renault -- which together account for around nine out of every 10 medium and heavy trucks sold in Europe -- had been working together for 14 years, from 1997 until the European Commission's investigation in 2011 put a stop to it.

Volvo concept boosts fuel economy 30%

With almost one-third lower fuel consumption, Volvo Trucks' new concept vehicle shows how it is possible to drastically boost productivity in long-haul operations. With support from the Swedish Energy Agency, Volvo developed a new concept vehicle, the result of a five-year-long research project aimed at creating more energy-efficient vehicles. The new concept truck is said to cut fuel consumption by more than 30%. "Our concept truck showcases the immense power of on-going technical advances," says Claes Nilsson, Volvo Trucks president and CEO. One of the key factors behind the low fuel consumption is its massive 40% improvement in aerodynamic efficiency that has benefited both the tractor and trailer.

Road Trip: Volvo’s Canadian dealers in Hagerstown

Volvo's Canadian dealers are celebrating. Goran Nyberg, president of Volvo Trucks North America, noted that the company's retail share in Canada hit 16.3% in 2014, complete with 54% of the sleepers that have 10-13-litre engines. Employees responded to numbers like that with chants of "all time high". And today they represent the first wave of North American dealers to learn about several powertrain enhancements available to buyers in 2017.

OBIT: Pat Sheehan, Volvo dealership founder

BURLINGTON, ON - Pat Sheehan, who owned and operated a Volvo truck dealership that bears his family name, has died of cancer. He was 75. Sheehan emigrated to Canada in 1965 and began work as a long-haul truck driver before switching to heavy truck sales. In 1989, he and his wife Gayle opened a used truck lot, and two years later they secured a Volvo franchise. Sheehan's Truck Centre moved to Harvester Road in Burlington, ON in 1996. The funeral will be held in the community's St. Gabriel's Church on March 17 -- St. Patrick's Day. The family patriarch retired in 1999, when control of the business shifted to their daughter, Kelly, and son, Dennis.

Mack, Volvo Trucks Ink Deal with Omnitracs

GREENSBORO, NC - Mack Trucks and Volvo Trucks North America have reached an agreement with the fleet management services provider Omnitracs to develop new services for their customers. It covers future service options for Mack Fleet Management Services, expanding Mack's fleet management offerings, to provide customers with more choices to boost safety and lower costs through improved operational performance, according to the truck maker.