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Truck-maker Volvo AB said Thursday it had raised its annual forecast for the heavy-duty truck market in Europe but also posted a slight dip in net profit.

It was crunch time for the Volvo Ocean Race crews on Wednesday as they prepared to punch through a weather front that stands between them and the sought-after trade winds that will catapult them towards Miami.

Volvo Auto India has inaugurated a new showroom sprawling over 3500 sq ft in Luxury Atrium, Express Avenue Mall, Chennai. The new showroom supports the company’s ‘designed around you’ initiative, in which everything in a Volvo is designed around the driver and passengers.

In teen movies, the safe, brainy girl with glasses and a ponytail meets the popular girl who teaches Ms. Brains how to (gasp!!) take off said glasses and lose the ponytail (see “Grease,” “Clueless,” “She’s All That,” etc.).

Swedish truck maker Volvo AB (VOLV-B.SK) said Thursday it has introduced a new financial framework to better reflect changes made in the company’s organization.

The chief executive of Swedish truckmaker Volvo AB (VOLV-B.SK, VOLVY) said Wednesday he sees great opportunities for the company in Africa in the upcoming years, especially in the sub-Saharan region.

Born and raised in the cold Scandinavian winters, Volvo Car Corporation builds electric vehicles for all climates. The C30 Electric features unique technology that promotes daily use in subzero temperatures without compromising driving properties or occupant comfort.

Eighteen months after a Chinese consortium led by Zheijiang Geely Holdings Group Co. bought Sweden’s Volvo Cars, the venture is finally securing key agreements that will allow it to build vehicles in the People’s Republic.

Volvo Car Corp. is recalling certain S60 and XC60 cars because of punctured fuel lines and possible fuel leakage possibly leading to an increased risk of fire, said a report filed with the National Highway Traffic Safety Administration (NHTSA) in March.