STOCKHOLM, March 17 (Reuters) – Volvo Group said it will shut down its loss-making Rokbak haulers business within its \u200cconstruction equipment (CE) unit, citing persistent supply chain challenges \u200cand trade barriers impacting exports from Britain.<\/p>\n
Volvo Group, one of the world\u2019s largest \u200bmakers of trucks, buses and construction equipment, said the closure of Scotland\u2011based Rokbak will reduce operating income in the CE segment by about 0.7 billion Swedish crowns ($75.3 million) in the first \u200cquarter.<\/p>\n
* Inflation, rising \u2060supply\u2011chain costs and increased tariffshave made it harder for manufacturers to sustain less\u2011profitableproduct lines, prompting companies \u2060such as Volvo to close orconsolidate operations to cut costs. * Rokbak\u2019s 2025 revenue was around 1 billion crowns, and theunit had \u200bbeen loss\u2011making \u200bfor an extended period, withperformance \u200bdeteriorating further after January \u200c2025, a Volvospokesperson told Reuters. * “With this being in Scotland and hence outside of the EU,there are a lot of extra work to get those machines out andabout right now, so a challenging environment for them toexport,” the spokesperson said, adding \u200cthat Scotland and Englandwere not large \u200benough markets to sustain the operation. * \u200bProduction of Rokbak articulated \u200bhaulers is expected toconclude in the second half \u200cof 2026, with the full \u200bclosure ofthe unit \u200banticipated by the third quarter of that year. * Volvo said the Motherwell facility near Glasgow willcontinue as a \u200bhub for designing \u200cand manufacturing its rigidhaulers and for developing future product \u200blines.<\/p>\n
($1 = 9.3095 Swedish crowns)<\/p>\n
(Reporting by Marie Mannes and Essi \u200bLehto, editing by Stine Jacobsen)<\/p>\n","protected":false},"excerpt":{"rendered":"STOCKHOLM, March 17 (Reuters) – Volvo Group said it will shut down its loss-making Rokbak haulers business within…\n","protected":false},"author":2,"featured_media":831804,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5009],"tags":[748,66773,4884,712,170201,52163,16,15,238673],"class_list":["post-831803","post","type-post","status-publish","format-standard","has-post-thumbnail","category-scotland","tag-britain","tag-construction-equipment","tag-great-britain","tag-scotland","tag-swedish-crowns","tag-trade-barriers","tag-uk","tag-united-kingdom","tag-volvo-group"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116244716368270318","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/831803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=831803"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/831803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/831804"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=831803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=831803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=831803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}