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Automotive Engineering

Volvo Group’s Q2 Order Book Surges 33% Amid Global Fleet Replacement Cycle: The Challenge of Translating Backlog into Revenue

Neng Nana By Neng Nana
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July 18, 2026
7 Min Read

Executive Summary Following a sluggish start to the fiscal year, AB Volvo (Volvo Group) delivered a resilient second-quarter performance, characterized by a dramatic acceleration in global truck orders. The Swedish manufacturing giant reported a 2.7%…