Volvo Group to close Rokbak hauler unit in Scotland

Volvo Group has announced plans to shutter its Rokbak haulers business, a loss-making unit within its construction equipment division. Based in Sweden, the global manufacturer cited a combination of persistent supply chain disruptions and significant trade barriers as the primary drivers for the decision. The closure is expected to reduce the operating income of the construction equipment segment by roughly 0.7 billion Swedish crowns ($75.3 million) during the first quarter of 2026.