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Volvo makes provision of $780 million relating to costs to address degrading emission control component issue

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GÖTEBORG, Sweden — As previously communicated, the Volvo Group has detected that an emissions control component used in certain markets and models may degrade more quickly than expected, affecting the vehicles emission performance negatively.

The Volvo Group will in the fourth quarter 2018 make a provision of $780 million relating to the estimated costs to address the issue.

Volvo said in a news release that the estimated costs are based on several factors such as testing of vehicles, statistical analysis and dialogue with relevant authorities.

The next step will be to define how to implement corrective actions concerning the component in vehicles affected by this issue, which will be done together with the relevant authorities.

Volvo said the degradation of the component in question does not pose a product safety issue, nor does it negatively affect vehicle or engine performance in areas other than emissions control. The degradation is a result of a materials issue that occurs over time.

All engines and vehicles equipped with the component meet emissions limits at delivery.

The provision will impact operating income in the fourth quarter of 2018, while the negative cash flow effect will start in 2019 and gradually ramp up in the coming years.

The Volvo Group said it would continuously assess the size of the provision as the matter develops.

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Equipment

Yokohama says latest regional-haul trailer tire ready for duty

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The 16/32-inch deep groove depth provides extra-long tread life. Also, Yokohama’s zero-degree belt – a cornerstone to its highly durable and retreadable casing – creates a consistently stable footprint for long, even wear. (Courtesy: YOKOHAMA TIRE CORP.)

SANTA ANA, Calif. — Yokohama Tire’s latest regional-haul trailer tire, the 114R Ultra Wide-Base (UWB), is ready for duty.

The SmartWay-verified 114R – the successor to RY407 – is available now in size 445/50R22.5. An additional size – 455/50/22.5 – will be offered in the first quarter of 2020.

“The 114R UWB is specifically designed to meet the demands of high-scrub operations,” said Tom Clauer, Yokohama’s senior manager of commercial and OTR product planning. “It features superior cut and chip resistance, extended tread life and is optimized for fuel efficiency.”

Other benefits of the 114R as listed by Clauer include:

  • Long-lasting performance: The 16/32-inch deep groove depth provides extra-long tread life. Also, Yokohama’s zero-degree belt – a cornerstone to its highly durable and retreadable casing – creates a consistently stable footprint for long, even wear.
  • Durable construction: Yokohama’s advanced compound offers cut and chip resistance without sacrificing rolling resistance or wear performance. Plus, funnel-shaped step grooves prevent stones and other debris from reaching the bottom of the grooves, where casing damage can often occur.
  • Outstanding fuel-efficiency: Ground contact pressure is uniformly distributed, which results in greater stability, flawless tracking and improved fuel efficiency.

For more details on the 114R and all of Yokohama’s commercial tires, visit www.yokohamatruck.com.

 

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Do you bling out your rig for the holidays? If so, send us a video!

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‘Tis The Season!

Do you deck out your ride for the holidays?  If so, please send us a picture or video to rigoftheweek@thetrucker.com

Courtesy: Eagle Excavating

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Advantage PressurePro releases Fleet TPMS consumer app

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Featuring 24/7 tire monitoring, five unique pressure/temperature alerts and local notifications for maximized coverage and safety, Fleet TPMS also offers fully configurable layouts and vehicle naming and storage. (Courtesy: PRESSUREPRO

HARRISONVILLE, Mo. — Advantage PressurePro Thursday released its Fleet TPMS app.

Leveraging PressurePro’s FX technology, and building upon its previously released and feature-rich consumer app, the launch of Fleet TPMS empowers fleet users to deliver real time tire performance monitoring for drivers and haulers of many types direct to existing smart devices, according to Edward Lutski, PressurePro’s director of technology.

Additionally, the launch of Fleet TPMS also enables a critical link for fleets to PressurePro’s Connect tire management platform, unleashing unmatched visibility and control of your tire management practices, he said.

Featuring 24/7 tire monitoring, five unique pressure/temperature alerts and local notifications for maximized coverage and safety, Fleet TPMS also offers fully configurable layouts and vehicle naming and storage, enabling complete customization and easy toggling between multiple trailers/units. Further, a rolling performance history log enables users to gain immediate access to recent tire performance data.

“While a powerful monitoring tool on its own, Fleet TPMS becomes even stronger when used as a link to provide data flow through our comprehensive software platform Connect,” Lutsko said. “When combined, customers unlock advanced monitoring tools to gain detailed and actionable tire performance insights across their entire fleet, giving them unmatched control of their tire management practices.”

When paired with PressurePro Connect, users also unlock email alerting capabilities, exportable tire performance history, automated tire performance trend analysis, and an easy to use dashboard that features prioritized data and actionable items, Lutsko said.

“As we have for the last 28 years, PressurePro continues to push the innovation of our market to provide maximized safety and savings for to every road our customers travel,” said Jason Zaroor, PressurePro’s president and CEO. “With the release of Fleet TPMS, and especially when paired with our Connect platform, we’re now able to provide a cost effective solution that provides complete visibility of ever tire in your fleet; in-cab to drivers, in the field to managers or to your office for controllers.”

Learn more about their full line of stand-alone and integrated TPMS options at www.pressurepro.us.  8

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