Tag: Volvo Financial Services

Construction Equipment

Should You Buy Used Construction Equipment in 2020? How to Navigate the Market Amid a Pandemic

Used equipment is playing an increasing role as equipment buyers struggle to navigate 2020’s strange environment.

September 11, 2020

Construction Equipment

Volvo Financial Services names Shannon president for North America

Volvo Financial Services has appointed Patrick Shannon president of its North American region. He will be responsible for business operations and financial performance of the company in the U.S., Canada and Mexico. With more than 30 years of experience, Shannon has held various senior leadership roles in sales, wholesale operations and risk management. He joined sister […]

July 2, 2020

Dealers

Which construction equipment makers are offering deals and coronavirus loan relief?

Can shell-shocked contractors be prompted to buy in these uncertain times? The financing challenge is actually two-fold, says David Sutton, president, Kubota Credit. “We want to help the dealers attract and incent customers to buy and we want to make sure the customers we have are comfortable with their current loans.” “We’ve taken very proactive […]

April 20, 2020

ConExpo-Con/Agg

Volvo Construction Equipment plans largest-ever ConExpo booth

Volvo Construction Equipment will present its largest-ever ConExpo booth experience across 60,000 square feet of outdoor show space in the new Festival Grounds at booth F3432. (You can see more of what OEMs have in store for ConExpo 2020 in our show preview page by clicking here.) Front and center in the booth will be […]

November 19, 2019

Dealers

Volvo CE opens second certified used center at Alta Equipment

The new Volvo Certified Used Center is located at Alta Equipment in New Hudson, Michigan. This is the second VCU for Volvo Construction Equipment. Details here.

July 11, 2019

Construction Equipment

Bauma Preview: Volvo CE showcases electric-powered future

Volvo Construction Equipment's latest and greatest are the L25 electric wheel loader and the ECR25 electric compact excavator. More details on Equipment World.

April 2, 2019

Dealers

Volvo CE parent enters U.S. securitization market for first time

According to a story on the website Asset Securitization Report, AB Volvo will enter the the U.S. securitization market for the first time to fund lines of credit for its truck, construction equipment, bus, marine and industrial engine dealerships. Previously, the company’s captive finance Volvo Financial Services funded lines of credit elsewhere, says the website. […]

November 7, 2017

Dealers

Recession weary heavy equipment buyers flock to rental, RPOs to lower risk

“Our views haven’t changed drastically when it comes to buying new equipment,” says Al Gorick, president Gorick Construction, Binghamton, New York. “We have always tried to make purchasing decisions based on projected utilization, and when a good value presents itself.” Still others, such as G. W. Tatro Construction of Jeffersonville, Vermont, didn’t have much of […]

July 26, 2016

Roadbuilding

Volvo CE names Martin Weissburg as next president

Volvo Construction Equipment has announced its next president will be Martin Weissburg, who currently serves as president of Volvo Financial Services (VFS), according to a report from our sister site, Equipment World. Weissburg succeeds current Volvo CE president Pat Olney, who announced in October that he will be leaving the company at the end of […]

November 18, 2013

Roadbuilding

Volvo Financial Services names new VP, U.S. Truck Financial Services

Volvo Financial Services announced that Stephen Yonce has been promoted to vice president of Truck Financial Services for the U.S. division of Volvo Financial Services. In this leadership role, Yonce will have responsibility for the truck financial services sales team and become a member of the U.S. executive team. Yonce has been with Volvo Financial […]

November 17, 2011

Roadbuilding

Volvo Financial Services names new VP of U.S. retail operations

Volvo Financial Services names new VP of U.S. retail operations

August 8, 2011

Roadbuilding

Highway Contractor

Buying, leasing or renting: now is a good time to work an equipment deal using one, two or all three in the mix.

July 1, 2010