Volvo Trucks North America
Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded | 1959 |
Headquarters | Greensboro, North Carolina, United States |
Area served | North America |
Key people | Peter Voorhoeve President |
Products | Trucks |
Owner | Volvo Trucks AB Volvo |
Website | US official |
Volvo Trucks North America (VTNA) is the subsidiary of Volvo Trucks (itself a wholly-owned by the Volvo Group) and is headquartered in Greensboro, North Carolina, United States. It manufactures a range of trucks at the facility in Dublin, Virginia since 1982. VTNA has been marketed in Canada, Mexico, and the U.S. Currently, the President of VTNA is Peter Voorhoeve since September 1, 2018.
History
Volvo officially entered the U.S. truck market in 1959. In 1981 Volvo purchased some assets of White Motor Corp. to form Volvo White Truck Corp., based in Greensboro, NC. Volvo White sold vehicles under the Volvo, White and Autocar nameplates. In 1982, a 1.6-million-square-foot manufacturing facility was inaugurated in the town of Dublin, Virginia, in Pulaski County. The plant was officially named New River Valley Assembly Plant (NRV). It was initially manufactured the F7, the first truck manufactured in the United States. In 1988 Volvo GM Heavy Truck Corp. was formed as a joint venture between Volvo and General Motors Corp. Volvo GM's nameplates were WHITEGMC and Autocar. The White-GMC nameplate was discontinued in 1995 and Volvo GM's trucks were sold under the Volvo and Autocar nameplates.
In 1996, the Volvo VN was officially launched, making the first Class-8 truck produced entirely in the United States since the plant opened in 1982. In 1997, Volvo purchased all of General Motors' interests in Volvo GM, and changed the company's name to Volvo Trucks North America. In 2014 VTNA announced a $69 million investment in New River Valley Plant.