Volvo Group and Daimler Truck launch Coretura - a Joint Venture to unlock the digital future of commercial vehicles

Volvo Group and Daimler Truck launch Coretura - a Joint Venture to unlock the digital future of commercial vehicles

GOTHENBURG, Sweden, June 17, 2025 /PRNewswire/ -- Volvo Group and Daimler Truck, two of the leaders in the commercial vehicle industry, announce the launch of Coretura AB, their joint venture aimed at transforming the commercial vehicle industry through a new…

Volvo Group, Daimler Truck Launch Coretura JV For Software-defined Vehicle Platform

(RTTNews) - Commercial vehicle makers AB Volvo (VOLVY.PK) and Daimler Truck Holding AG (DTRUY) announced Tuesday the launch of their joint venture Coretura AB, a new software-defined vehicle platform. Coretura, based in Gothenburg, Sweden, began operations in the beginning of Jun

Volvo Group, Daimler look to technology joint venture in bid to save costs

GOTHENBURG (Reuters) -European truckmaking rivals AB Volvo and Daimler Truck hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said on Tuesday. Fleets and truck manufacturers, like automakers, have been racing to produce technology-packed vehicles while also grappling with the need to reduce costs. Truckmakers are currently heavily reliant on suppliers because their software is clos…

Volvo and Daimler Truck launch joint venture to develop software-defined vehicles

Volvo Group and Daimler Truck, two of the leaders in the commercial vehicle industry, announce the launch of Coretura AB, their joint venture aimed at “transforming the commercial vehicle industry through a new software-defined vehicle platform and establishing a new industry standard”. Coretura will enable Volvo Group and Daimler Truck and other future customers to […]

Trucking Giants Unite: Volvo and Daimler Form Tech Venture to Drive Down Costs

European truck manufacturing rivals AB Volvo and Daimler Truck are joining forces to establish a new technology joint venture named Coretura. This strategic collaboration aims to significantly reduce costs and decrease their reliance on external suppliers by developing a standardized software-defined vehicle platform, marking a pivotal step towards future-proofing their operations. Trucking Giants Unite: Volvo and Daimler Form Tech Venture to Dr…

Joint venture between Volvo and Daimler unveiled - PowerTorque

Image: Volvo TrucksVolvo Group and Daimler Truck have officially introduced Coretura, the result of their binding joint venture agreement signed in October of last year. It is a new company based in Gothenburg, Sweden aimed at transforming the commercial vehicle industry through a new software-defined vehicle platform and establishing a new industry standard. SUBSCRIBE to the PowerTorque […] Joint venture between Volvo and Daimler unveiled appea…