Volvo Trucks Data Management Agreement

You have the right to ask VOLVO for information about personal data processed via VOLVO and access to that personal data. You also have the right to request the correction of your personal data if this is not correct and to demand the deletion of your personal data. In addition, you have the right to require a limitation on the processing of your personal data, which means that you ask VOLVO to limit the processing of your personal data in certain circumstances. When you access a VOLVO website, your web browser is technically configured to automatically transmit the following data (“log data”) to our web server, which we then count in logfiles: Ferronordic and Volvo Group Trucks Germany have entered into agreements to designate Ferronordic dealers for Volvo and Renault Trucks in an area representing about 20% of the German heavyweight market. In this context, Ferronordic has also completed the acquisition of eleven sites in Germany. Ferronordic will be operational in Germany in January 2020. The German branch is financed by loans from the Nordea Bank. Ferronordic signs definitive contracts to become a dealer for Volvo and Renault Trucks in Germany Today, every Volvo truck is equipped with one of the most advanced telematics and diagnostic systems in the industry. This, combined with the latest connectivity technology, allows Volvo Trucks to remotely monitor and analyze critical component data in real time and predict when a malfunction will occur. The data is transmitted to a Volvo Trucks International Uptime Centre, where it is processed and analyzed. If a tender is triggered, it is then communicated to the home dealer or through a national uptime centre so that they can take preventive measures before an outage occurs. Currently, real-time monitoring is available as an option for the Volvo Gold contract. We work with a number of different service providers to provide the Volvo Group website.

VOLVO is able to put in place appropriate security measures that provide an adequate level of protection for your personal data, as required by current data protection legislation. . The data management agreement must be signed by you in order to provide related services. The terms of the data management agreement you sign (shown on page 1 of the agreement) is available here. Ferronordic has also reached an agreement with Nordea Bank for a EUR 30 million loan. The facility will be used to finance additional acquisitions and investments to expand Germany`s activities. AB Volvo (“VOLVO”) is responsible for the processing of personal data about you in accordance with applicable data protection laws and regulations. You also have the right to file complaints about VOLVO`s handling of your personal data with a supervisory authority. Cookies We use cookies and tracking pixels to collect information about your use of the site in order to tailor the website to the needs of its users. The collection of this usage data and the establishment of a usage profile are anonymized using a cookie identifier. We create and store these usage profiles only in an anonymous form and do not combine them with your name or any other information, such as your email address, that may reveal your identity.

The agreements are largely in line with previous MOUs. From January 2020, Ferronordic will be a dealer for Volvo Trucks and Renault Trucks in an area that accounts for about 20% of the German heavy goods vehicle market. In addition, Ferronordic acquires eleven sites in this area. Nine of these sites are operated by Volvo and acquired under an asset contract.

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