Volvo 2013 Annual Report Download - page 72

A GLOBAL GROUP 2013 AVSNITT
Year 2013 was characterized by the most extensive
product renewal in the history of the Volvo Group.
SIGNIFICANT EVENTS
During 2013
New Volvo FM
The Volvo FM was launched in Europe on March
19, 2013 – with the ground-breaking innovation
Volvo Dynamic Steering as one of its prominent
features. Volvo Dynamic Steering combines a
con ventional hydraulic power steering system
with an electronically regulated electric motor
fi tted to the steering gear. The system gives the
driver effortless steering at low speeds as well
as excellent directional stability on the open road.
New Volvo FMX
The new Volvo FMX truck was launched at the
Bauma trade fair in Munich on April 15, 2013,
setting a new standard when it comes to robust-
ness, handling and driver comfort. The truck,
which is specially designed for heavy construc-
tion duties, boasts an array of updates including
a totally redesigned cab interior, new air sus-
pension system and raised ground-clearance.
The new Volvo FMX is also equipped
with Volvo Dynamic Steering – an inno-
vation designed to improve maneuver-
ability.
Powerful news from Volvo Trucks
in North America
The new heavy-haul tractor Volvo VNX, a 13-litre
engine running on liquefi ed natural gas, the
introduction of Volvo I-Shift as standard through-
out the product range, and services that boost
uptime were some of the new features that
Volvo Trucks in North America presented at the
Mid-America Trucking Show in Louisville, Ken-
tucky, USA on March 21, 2013. Volvo VNX is a
new heavy-haul tractor for the North American
market. It is intended for demanding assignments
such as hauling timber and heavy machinery.
Annual General Meeting of AB Volvo
The Annual General Meeting of AB Volvo held
on April 4, 2013 approved the Board of Directors’
motion that a dividend of SEK 3.00 per share be
paid to the company’s shareholders.
Peter Bijur, Jean-Baptiste Duzan, Hanne de
Mora, Anders Nyrén, Olof Persson, Carl-Henric
Svanberg, Ravi Venkatesan, Lars Westerberg
and Ying Yeh were reelected as members of the
AB Volvo Board of Directors. Carl-Henric Svan-
berg was reelected as Board Chairman.
Carl-Olof By, representing AB Industrivärden,
Lars Förberg, representing Violet Partners LP,
Håkan Sandberg, representing Svenska Han-
delsbanken, SHB Pension Fund, SHB Employee
Fund, SHB Pensionskassa and Oktogonen,
Yngve Slyngstad, representing Norges Bank
Investment Management and the Chairman of
the Board were elected members of the Elec-
tion Committee.
A Remuneration Policy for senior executives
was adopted in accordance with the Board of
Directors’ motion.
The Annual General Meeting adopted an
amendment to the Articles of Association con-
cerning the appointment of auditor in accord-
ance with the Board’s proposal. The amend-
ment entails that the appointment of auditor
shall apply until the close of the annual general
meeting held during the fourth fi nancial year
after the appointment of the auditor.
New Renault Trucks Range
Renault Trucks took advantage of the switch to
the Euro 6 standard to totally renew its entire
range including light, medium and heavy-duty
trucks for distribution, construction and long-
haulage. The presentation of the new Renault
BOARD OF DIRECTORS’ REPORT 2013 GROUP PERFORMANCE
THE FIRST QUARTER
09/01/2013 Volvo scholarship for the development of eco-friendly transportation 11/01/2013 Volvo Group industrial operation in Japan 15/01/2013 Information on restructuring
charges in the fourth quarter of 2012 23/01/2013 Invitation to press and tele conference in Stockholm 26/01/2013 Volvo to become world’s largest heavy-duty truck manufacturer
following strategic alliance with Chinese company Dongfeng Motor Group 31/01/2013 New number of votes in AB Volvo 06/02/2013 Volvo Group – the fourth quarter and full year
2012 07/02/2013 Volvo dismisses media speculation concerning acquisition of Nexter of France 12/02/2013 Volvo Buses receives order for 475 hybrid buses from Quebec
13/02/2013 Volvo Group invests in DriveCam 19/02/2013 Record year for Volvo Museum 20/02/2013 Truck deliveries in January 2013 26/02/2013 Annual General Meeting
of AB Volvo 28/02/2013 New number of votes in AB Volvo 01/03/2013 Changes in Volvo’s Group Management 13/03/2013 AB Volvo publishes 2012 Annual Report 19/03/2013
The new Volvo FM – the ideal all-round player in Volvo Trucks’ model range 20/03/2013 Truck deliveries in February 2013 21/03/2013 Powerful news from Volvo Trucks in North
America 26/03/2013 Assar Gabrielsson Award for increased knowledge of correlation between immune system and cancer 27/03/2013 AB Volvo publishes Sustainability Report
2012 28/03/2013 New number of votes in AB Volvo
Volvo Group Press releases 2013
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