Volvo CE to close Rokbak business amid unsustainable operation

Volvo Construction Equipment (Volvo CE) has announced that it volition signifier retired its Rokbak articulated hauler part owed to the unsustainable profitability and semipermanent strategy shift.

The institution stated that accrued operational and proviso concatenation costs, unneurotic with planetary commercialized challenges specified arsenic US tariffs, person importantly impacted fiscal performance, rendering continued cognition unsustainable.

Rokbak, antecedently known arsenic Terex Trucks, has supplied customers globally with articulated haulers for implicit 40 years. The concern recorded revenues of Skr1.0bn ($107m) but operated astatine a nonaccomplishment successful 2025.

The institution plans to halt accumulation of Rokbak-branded vehicles successful the 2nd fractional of 2026.

Volvo CE president Melker Jernberg said: "We are profoundly grateful to our loyal Rokbak customers, dealers, dedicated employees, and supportive partners who person been portion of this journey. Our precedence is to honour our commitments and present ongoing broad enactment to Rokbak customers and partners."

During the transition, Volvo CE stated it would proceed supporting existing Rokbak customers and partners, promising dedicated assistance passim the phase-out process and beyond.

The institution besides confirmed that it volition prosecute with unions, authorities representatives, and regulatory authorities to negociate the implications for employees affected by the decision.

Looking ahead, Volvo CE volition displacement its resources towards the improvement and motorboat of alternate hauling solutions wrong its merchandise portfolio.

The Motherwell installation successful Scotland volition stay operational, focusing connected the plan and manufacture of Volvo rigid haulers and furthering improvement crossed aboriginal merchandise lines.

The planned closure is taxable to a corporate consultation process with employees and stakeholders and is expected to reason by the 3rd 4th of 2026.

Volvo CE anticipates the shutdown volition trim operating income by astir Skr0.7bn ($75m) successful the Construction Equipment conception for the archetypal 4th of 2026, with astir Skr0.4bn ($43m) attributed to non-cash items, chiefly related to goodwill impairment.

"Volvo CE to adjacent Rokbak concern amid unsustainable cognition " was primitively created and published by World Construction Network, a GlobalData owned brand.

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