Truck and bus manufacturer Volvo has received an order for 80 VNL trucks from Hayway Logistics, as the Hayway Group establishes operations in the United States. In addition, the company is also purchasing 150 FH Aero trucks from Volvo in Poland, according to a press release.
- The order is based on a long-standing partnership with Volvo Trucks in Europe, and we are proud to collaborate with Hayway on their expansion in the US. We share their commitment to safety, innovation, and long-term growth, said Peter Voorhoeve, President of Volvo Trucks North America.
Hayway Group plans to expand its fleet in North America to 1,400 vehicles by 2029, in cooperation with Volvo Trucks and Volvo Financial Services.
AB Volvo is the leading European truck maker and No. 3 worldwide. Net sales break down by activity as follows:
- sales of trucks (68.4%): 219,377 vehicles sold in 2024 (names Volvo, Renault, Eicher and Mack);
- sales of construction equipment (16.8%): excavators, loaders, backhoes, hydraulic shovels, graders, dump trucks, etc.;
- financial services (5.1%);
- bus and chassis sales (4.7%): world's No. 2 largest manufacturer;
- sales of parts, control systems, and marine and industrial motors (3.8%): for commerce and cruise ships and for industrial applications (irrigation units, lifting trucks, electrical generators, etc.);
- other (1.2%).
Net sales are distributed geographically as follows: Europe (41.1%), North America (30.8%), Asia (11.2%), South America (10.7%), Africa and Oceania (6.2%).
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