57-578: Leyland Bus was a British bus manufacturer based in Farington , Lancashire . It emerged from the Rover Group , formerly known as British Leyland , as a management buyout of the group's bus business. Leyland Bus was subsequently acquired by Volvo Buses in 1988, with the Leyland name eventually dropped by Volvo in 1993. Leyland Bus could trace its history as far back as 1896 with the formation of
114-538: A Volvo ÖV 4 , rolled off the production line at the factory in Hisingen , Gothenburg. Only 280 cars were built that year. The first truck, the "Series 1", debuted in January 1928, as an immediate success and attracted attention outside the country. In 1930, Volvo sold 639 cars, and the export of trucks to Europe started soon after; the cars did not become well known outside Sweden until after World War II . AB Volvo
171-660: A 15.8%). In December 2013, Volvo sold its Volvo Construction Equipment Rents division to Platinum Equity . In November 2016, Volvo announced its intention of divesting its Government Sales division, made up mainly of Renault Trucks' Renault Trucks Defense but also of Panhard , ACMAT , Mack Defense in the United States, and Volvo Defense. The project for selling the division was later abandoned and, in May 2018, Volvo reorganized Renault Trucks Defense and renamed it Arquus. In December 2018, Volvo announced it intended to sell
228-703: A 1994 Volvo-Renault merger deal was announced. The deal was barely accepted in France, but it was opposed in Sweden, and the Volvo shareholders and company board voted against it. The alliance was officially dissolved in February 1994 and Volvo sold off its minority Renault stake in 1997. In the 1990s, Volvo also divested from most of its activities outside vehicles and engines. In 1991, the Volvo Group participated in
285-457: A 75.1% controlling stake of its car telematics subsidiary WirelessCar to Volkswagen with the aim of focusing on telematics for commercial vehicles. The sale was completed in March 2019. In December 2019, Volvo and Isuzu announced their intention of forming a strategic alliance on commercial vehicles. As part of the agreement, Volvo would sell UD Trucks to Isuzu. The "final agreements" for
342-456: A Swedish car. They intended to build cars that could withstand the rigours of the country's rough roads and cold temperatures. AB Volvo began activities on 10 August 1926. After one year of preparations involving the production of ten prototypes, the firm was ready to commence the car-manufacturing business within the SKF group. The Volvo Group itself considers it started in 1927, when the first car,
399-641: A combined 75% market share in new buses in the United Kingdom at the end of 1987, with the companies also having a 57% share in new coaches that same year. Leyland and Volvo soon consolidated their separate bus and coach-building operations into the Volvo Leyland Bus Executive Group in October 1988. A new company named VL Bus and Coach was launched on 1 January 1989 as the group's marketer for new Volvo and Leyland vehicles in
456-489: A joint venture between the two companies. In March 2021, the fuel cell business was reorganised as a joint venture called Cellcentric. In December 2021, Volvo, Daimler Truck, and Traton agreed to the formation of an equally owned joint venture aimed to build an electric vehicle charging network for heavy vehicles in Europe. In December 2022, the joint venture (called Commercial Vehicle Charging Europe) began operations under
513-744: A joint venture with Japanese automaker Mitsubishi Motors at the former DAF plant in Born , Netherlands. The operation, branded NedCar , began producing the first generation Mitsubishi Carisma alongside the Volvo S40/V40 in 1996. During the 1990s, Volvo also partnered with the American manufacturer General Motors . In 1999, the European Union blocked a merger with Scania AB . In January 1999, Volvo Group sold Volvo Car Corporation to Ford Motor Company for $ 6.45 billion. The division
570-610: A major shareholder. Volvo Group took complete ownership of Nissan Diesel in 2007 to extend its presence in the Asian Pacific market. Renault sold 14.9% of their stake in AB Volvo in October 2010 (comprising 14.9% of the share capital and 3.8% of the voting rights) for €3.02 billion. This share sale left Renault with around 17.5% of Volvo's voting rights. Renault sold their remaining shares in December 2012 (comprising 6.5% of
627-678: A merger between Leyland Trucks and DAF Trucks a year prior to form DAF NV (Which in the UK traded as Leyland DAF ). The Volvo B10M chassis would also enter production alongside the Leyland Lynx and Olympian at the Workington factory at the end of 1989. In January 1990, Leyland Bus announced it would transfer all chassis manufacturing from Farington to Workington, leaving only the Leyland Bus headquarters and component manufacturing at
SECTION 10
#1732791940319684-540: Is a stub . You can help Misplaced Pages by expanding it . Volvo The Volvo Group ( Swedish : Volvokoncernen ; legally Aktiebolaget Volvo , shortened to AB Volvo , stylized as VOLVO ) is a Swedish multinational manufacturing corporation headquartered in Gothenburg . While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it
741-550: Is a major employer in the area. The Central Lancashire Primary Care Trust has its head office in the area. Enterprise plc , a provider of support services to the public sector and utility companies, was based in Farington but has been integrated into Amey plc , which moved from its offices there when the lease expired in 2014 There are few retail facilities in the centre of Farington, but retail parks and Leyland town centre are nearby. This Lancashire location article
798-437: Is equally owned by AB Volvo and Volvo Car Corporation. The main activity of the company is to own, maintain, protect and preserve the Volvo trademarks, including Volvo , the Volvo branding symbols (grille slash and iron mark), Volvo Penta , on behalf of its owners and to license these rights to its owners. The day-to-day work is focused upon maintaining the global portfolio of trademark registrations, and to extend sufficiently
855-656: Is not part of Leyland. Stanifield Lane which runs through the village and into Leyland is the main thoroughfare for shoppers and commuters alike. There is a Catholic convent in Farington, serving a moderately large Catholic population. Farington has a park that has been referred to as the home of football in South Ribble. It is home to the main tip site for South Ribble , the Farington Household Waste Recycling Centre . Leyland Trucks , with HQ and assembly plant in Farington,
912-477: Is represented by Michael Green, a Conservative Councillor. It comprises both Farington wards and Moss Side . Situated to the immediate north of Leyland , Farington consists of villages, farms and mossland, modern residential development and an industrial area around the Leyland Trucks headquarters and assembly plant. The relationship between Farington and Leyland has always been strong but Farington
969-593: The Lancashire Steam Motor Company , which would change its name to Leyland Motors following the turn of the century. Bus manufacturing by Leyland would commence at a factory in Leyland, Lancashire in 1919. The British Leyland Motor Corporation (BLMC) was formed in 1968 with the merger of Leyland Motors with British Motor Holdings , and in 1975, the BLMC was nationalised by the government of
1026-611: The Volvo Bus Corporation , a management buyout led by Leyland Bus managing director Ian McKinnon and supported by divisional directors John Kinnear, Jim McKnight, George Newburn and Eric Turner would ultimately be approved in August 1986 by the Rover Group and the government. The sale of Leyland Bus was completed in January 1987 at a final price of £4 million (equivalent to £14,211,000 in 2023), by which point
1083-554: The trade name Milence. In April 2021, Volvo announced that it had signed up a new partnership with steel manufacturer SSAB to develop fossil fuel-free steel for future use in Volvo's vehicles. The partnership is derived from SSAB's own green steel venture, HYBRIT. In November 2023, Volvo acquired Proterra 's battery business for US$ 210 million. Volvo has announced that it is developing trucks with combustion engines that run on hydrogen. Commercial tests will begin in early 2026. Volvo Group's operations include: According to
1140-758: The 1970s onwards, Volvo set up various facilities ( Bengtsfors , Lindesberg , Vara , Tanumshede , Färgelanda , Borås ), most of them within a 150 kilometer radius of Gothenburg, and gradually acquired the Dutch DAF car plants. It also established its first South American plant in Curitiba , Brazil. From the mid-1970s onwards, Volvo began building assembly plants with smaller assembly lines, more worker-centric and with better use of automation, leaving Fordism . These were Kalmar (car assembly, built in 1974), Tuve (truck assembly, 1982) and Uddevalla (car assembly, 1989). Kalmar and Uddevalla were closed down in
1197-459: The 1990s, Volvo also increased its construction equipment assets by acquiring the Swedish company Åkerman and the construction equipment division of Samsung Heavy Industries . In 1998, the company opened an assembly facility for its three main heavy product lines (trucks, construction equipment, and buses) near Bangalore , India. Volvo sold all its car manufacturing assets in 1999. Following
SECTION 20
#17327919403191254-528: The Farington and Workington factories respectively. The Eastern Coach Works factory at Lowestoft , not included in the management buyout sale, also closed following the completion of a bodywork order for London Regional Transport . Leyland Bus would be acquired by Volvo in April 1988. The company was initially retained as an independent subsidiary of the Volvo Bus Corporation , with all Leyland Bus board members except George Newburn and Eric Turner remaining with
1311-676: The Hisingen island, was owned by SKF until it was made part of the Volvo company in 1930. That year, Volvo acquired its supplier of engines in Skövde (Pentavarken). In 1942, Volvo acquired its supplier of transmissions, Köpings Mekaniska Verkstad, located in the town of Köping . In 1954, Volvo built a new truck assembly plant in Gothenburg and, in 1959– 1964, a car assembly plant in Torslanda . The first truly branched away plant of Volvo
1368-778: The Leyland TL11 engine, and a new parts warehouse stocking both Volvo and Leyland bus parts in Magna Park, Lutterworth , Leicestershire would open for business in January 1990. As part of the rationalisation of the Leyland Bus business by Volvo, the Leyland Royal Tiger , the Leyland-DAB Lion and the Leyland TL11 engine were discontinued at the end of 1988; production of the TL11 engine discontinued due to Leyland's engine manufacturing plant being included in
1425-844: The United Kingdom to become British Leyland (BL). British Leyland would eventually organise its bus manufacturing under the Passenger Carrying Division, developing successful products such as the Leyland National , the Leyland Olympian , and the Leyland Tiger . As part of a 1981 reorganisation of British Leyland's Commercial Vehicle Division into the Leyland Group, this division would renamed to Leyland Bus. The new business unit would expand into integral bus body building in late 1982 with
1482-409: The United Kingdom. Volvo announced the closure of the Workington factory and the discontinuation of the Leyland Bus brand in December 1991. However, as a result of a large volume of sympathetic orders from multiple bus operators, the factory would not close until early 1993, two years later than originally. Leyland Bus's last ever integrally-produced bodies were delivered to Preston Bus in 1992, while
1539-638: The United Kingdom. Restructuring of Leyland Bus commenced in April 1989, with the Farrington and Workington factories and their products retained, while Leyland's four existing service centres were turned into VL Support Centres, enabling them to service both Leyland and Volvo buses and coaches; ten dealerships would join this scheme later in 1989. New Leyland vehicles could also be offered with Volvo drivelines and suspensions through VL Bus and Coach, with an example being Leyland Lynx Mark IIs being supplied with Volvo THD102KF engines as opposed to options including
1596-575: The University of Gothenburg , Mälardalen University College , and the University of Skövde . In November 2013, Volvo Trucks enlisted Jean-Claude Van Damme to perform a split between two moving trucks in reverse. The goal of this campaign, titled "Epic Split," was to demonstrate the stability and precision of their "Dynamic Steering" model. In just three weeks, the video went viral, garnering over 61 million views on YouTube . Two years after
1653-472: The Workington facility. Farington Farington is a village and civil parish in the South Ribble local government district of Lancashire , England. The population of the civil parish at the 2011 census was 6,674. The parish was part of Preston Rural District throughout its existence from 1894 to 1974. In 1974 the parish became part of South Ribble. Farington railway station served
1710-463: The acquisition of Renault Véhicules Industriels and Nissan Diesel in the 2000s, Volvo gained various production facilities in Europe, North America, and Asia. In 2014, Volvo's Volvo Construction Equipment acquired the haul truck manufacturing division of Terex Corporation , which included five truck models and a manufacturing facility in Motherwell , Scotland. Volvo Trademark Holding AB
1767-407: The alliance were signed in October 2020, with UD Trucks sale pending on regulatory clearances. The sale was completed in April 2021. In the early 2020s, Volvo partnered with other manufacturers to deploy infrastructure for non- hydrocarbon energies. In April 2020, Volvo and Daimler (later Daimler Truck ) announced that the former planned to acquire half of Daimler's fuel cell business, forming
Leyland Bus - Misplaced Pages Continue
1824-556: The area from 1838 to 1960. Farington is a civil parish in South Ribble district; with Lostock Hall and Tardy Gate and Farington Moss it forms the district's Central Villages area chaired by Cllr Paul Wharton-Hardman BEM (July 2023). It was also within the Parliamentary Constituency of South Ribble until the 2010 general election. However, at the recommendation of the Boundary Commission,
1881-646: The area was moved into the Ribble Valley constituency, but will be returning to South Ribble under new boundary changes in 2023. The parish includes the villages of Farington and Farington Moss , and parts of Lostock Hall and Whitestake . Farington Parish has four South Ribble Councillors; Cllr George Rear and Cllr Karen Walton representing Farington West ward both elected as Conservative members, and Cllr Paul Wharton-Hardman BEM and Cllr Jacky Alty representing Farington East ward elected Labour members. Lancashire County Council's Farington electoral division
1938-587: The automotive company Geely Holding Group . Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. Volvo is one of Sweden's largest companies by market capitalisation and revenue. The brand name Volvo
1995-422: The company following the sale. Volvo Buses President Lars Erik Nilsson was appointed as chairman of Leyland Bus, while marketing director Jurgen Bahr would be temporarily appointed as managing director. Volvo had attempted to purchase British Leyland's bus operations three times prior in 1982, 1984 and 1986, with the latter bid beaten by the management buyout that led to the creation of Leyland Bus. Both companies had
2052-520: The company, in 2021 almost two thirds (62%) of its revenue came from trucks and services related to them. Second came construction equipment (25%), and the rest was from buses, marine engines, and minor operations, each of them below 5%. Volvo has various production facilities. As of 2022 , it has plants in 19 countries, with 10 other countries having independent assemblers of Volvo products. The company also has product development, distribution, and logistics centers. Its first plant for vehicle assembly, on
2109-648: The early 1990s, following yearly losses. The Tuve plant (called the LB plant) replaced the Gothenburg plant (X plant) for truck assembly through the 1980s, as the former could produce more technologically complex models. In 1982, Volvo gained its first plant in the United States, the New River Valley plant in Dublin , Virginia, after acquiring the assets of the White Motor Corporation. Starting in
2166-677: The final Leyland buses produced at Workington were among an export batch of 200 tri-axle Olympian chassis delivered with Alexander bodywork to Singapore Bus Services in early 1993. The Olympian was the sole Leyland Bus product retained by Volvo following the discontinuation of the brand, with a heavily redesigned chassis being launched as the Volvo Olympian that same year. Production of the Volvo Olympian would commence at Volvo's new Irvine factory in Scotland, built to replace
2223-421: The group. Leyland Bus was incurring the heaviest losses within the commercial vehicle division of the Rover Group at the time, making a £30 million (equivalent to £114,809,000 in 2023) loss in 1985, partially as a result of the incoming deregulation of the bus industry causing a collapse of orders in favour of minibuses built on van-derived chassis. Despite competing bids by Metro Cammell Weymann and
2280-486: The late 1980s, Volvo expanded its limited bus production capabilities through acquisitions in various countries (Swedish Saffle Karroseri, Danish Aabenraa, German Drögmöller Karroserien, Canadian Prévost Car, Finnish Carrus, American Nova Bus, Mexican Mexicana de Autobuses). In the late 1990s, after a short-lived joint venture with Polish manufacturer Jelcz , Volvo built its main bus production hub for Europe in Wroclaw . In
2337-499: The latter company rejected it. Between 1978 and 1981, Volvo acquired Beijerinvest , a trading company involved in the oil, food, and finance businesses. In 1981, those sectors represented about three quarters of Volvo's revenue, while the automotive sector amounted for most of the rest. In 1982, the company completed the acquisition of White Motor Corporation 's assets. In the early 1970s, French manufacturer Renault and Volvo started to collaborate. In 1978, Volvo Car Corporation
Leyland Bus - Misplaced Pages Continue
2394-476: The management team had gained an improved deal that included a warehousing and distribution agreement with Leyland Parts, which enabled Leyland Bus to supply its own parts. Also included in the final deal were the Farrington and Workington factories, four service centres in Bristol , Chorley , Glasgow and Nottingham , as well as a business exporting used buses to Hong Kong . In an attempt to become profitable,
2451-575: The newly privatised Leyland Bus undertook a cost-cutting rationalisation programme that resulted in a total of 757 workers being made redundant, with redundancy costs being covered by the Rover Group. The Thurston Road headquarters was closed, resulting in 158 job losses while administrative operations moved to the Farington factory, while the Workington factory would have production of the Leyland Olympian chassis transferred to Farington. 468 and 134 workers would be ultimately made redundant at both
2508-540: The sale of the National Bus Company 's 50% shareholding in Bus Manufacturers (Holdings), which included Bristol Commercial Vehicles , Eastern Coach Works and Charles H. Roe , to Leyland Bus. By 1986, British Leyland had changed its name to the Rover Group and was being prepared for sale to interested parties such as General Motors , with various subsidiaries being sold independently from
2565-588: The scope of the registered protection for the Volvo trademarks. The main business is also to act against unauthorised registration and use (including counterfeiting ) of trademarks identical or similar to the Volvo trademarks on a global basis. Volvo has a strategic collaboration within research and recruitment with a number of selected colleges and universities, such as Penn State University , INSA Lyon , EMLYON Business School , NC State University , Sophia University , Chalmers University of Technology , The Gothenburg School of Business, Economics and Law at
2622-598: The share capital and 17.2% of the voting rights at the time of transaction) for €1.6 billion, leaving Swedish industrial investment group Aktiebolaget Industrivärden as the largest shareholder, with 6.2% of the share capital and 18.7% of the voting rights. That same year, Volvo sold Volvo Aero to the British company GKN . In 2017 Volvo Cars owner Geely became the largest Volvo shareholder by number of shares after acquiring an 8.2% stake, displacing Industrivärden. Industrivärden kept more voting rights than Geely (Geely getting
2679-415: The site, resulting in the loss of 380 jobs. VL Bus and Coach also announced the merger of Leyland and Volvo's sales and marketing operations, with most positions being moved to Volvo's Gothenburg headquarters, though its UK and Asian market specialists remained at Farington. 180 jobs at the Workington factory, making up 25% of the workforce, would later be cut in May 1990 as a result of a fall in bus sales in
2736-415: Was introduced at the Stockholm Stock Exchange in 1935 and SKF then decided to sell its shares in the company. By 1942, Volvo acquired the Swedish precision engineering company Svenska Flygmotor (later renamed as Volvo Aero). Pentaverken, which had manufactured engines for Volvo, was acquired in 1935, providing a secure supply of engines and entry into the marine engine market. The first bus, named B1,
2793-663: Was launched in 1934, and aircraft engines were added to the growing range of products at the beginning of the 1940s. Volvo was also responsible for producing the Stridsvagn m/42 . In 1963, Volvo opened the Volvo Halifax Assembly plant, the first assembly plant in the company's history outside of Sweden in Halifax, Nova Scotia, Canada . In 1950, Volvo acquired the Swedish construction and agricultural equipment manufacturer Bolinder-Munktell . Bolinder-Munktell
2850-486: Was originally registered as a trademark in May 1911, with the intention to be used for a new series of SKF ball bearings . It means "I roll" in Latin , conjugated from "volvere". The idea was short-lived, and SKF decided to simply use its initials as the trademark for all its bearing products. In 1924, Assar Gabrielsson , an SKF sales manager, and Gustav Larson , a KTH educated engineer, decided to start construction of
2907-572: Was placed within Ford's Premier Automotive Group alongside Jaguar , Land Rover and Aston Martin . Volvo engineering resources and components would be used in various Ford, Land Rover and Aston Martin products, with the second generation Land Rover Freelander designed on the same platform as the second generation Volvo S80. The Volvo T5 petrol engine was used in the Ford Focus ST and RS performance models, and Volvo's satellite navigation system
SECTION 50
#17327919403192964-561: Was renamed as Volvo BM in 1973. In 1979, Volvo BM's agricultural equipment business was sold to Valmet . Later, through restructuring and acquisitions, the remaining construction equipment business became Volvo Construction Equipment . In the 1970s, Volvo started to move away from car manufacturing to concentrate more on heavy commercial vehicles. The car division focused on models aimed at upper middle-class customers to improve its profitability. In 1977, Volvo tried to combine operations with rival Swedish automotive group Saab-Scania , but
3021-577: Was sold to Volvo during January 2001, and Volvo renamed it Renault Trucks in 2002. Renault became AB Volvo's biggest shareholder, with a 19.9% stake (in shares and voting rights) as part of the deal. Renault increased its shareholding to 21.7% by 2010. AB Volvo acquired 13% of the shares in the Japanese truck manufacturer Nissan Diesel (later renamed UD Trucks) from Nissan (part of the Renault-Nissan Alliance ) during 2006, becoming
3078-505: Was spun off as a separate company within the Volvo group and Renault acquired a minority stake, before selling it back in the 1980s after a restructuring. In the 1990s, Renault and Volvo deepened their collaboration and both companies partnered in purchasing, research and development and quality control while increasing their cross-ownership. Renault would assist Volvo with entry-level and medium segment vehicles and in return, Volvo would share technology with Renault in upper segments. In 1993,
3135-586: Was the Floby gearbox plant (100 kilometers to the northeast of Gothenburg), incorporated in 1958. In the 1960s and early 1970s, Volvo and its assembly partners opened plants in Canada, Belgium, Malaysia, and Australia. In the early part of that period Volvo also started to venture into vehicles other than passenger cars and road-going commercial vehicles by acquiring the Eskilstuna plant (Bolinder-Munktell). From
3192-510: Was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks . Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars , also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company . Since 2010 Volvo Cars has been owned by
3249-618: Was used on certain Aston Martin Vanquish, DB9 and V8 Vantage models. In November 1999, Volvo Group purchased a 5% stake in Mitsubishi Motors, as part of a partnership deal for the truck and bus business. In 2001, after DaimlerChrysler bought a large Mitsubishi Motors stake, Volvo sold its shares to the former. Renault Véhicules Industriels (which included Mack Trucks , but not Renault's stake in Irisbus )
#318681