1999: Sale of Volvo Cars to Ford.
2001: Acquisition of the truck manufacturers Mack and Renault VI.
2003: Acquisition of Bilia's European truck and construction equipment dealers.
2004: Sale of axle-manufacturing operations to ArvinMeritor.
2004: Acquisition of remaining 50% of the Canadian bus manufacturer Prévost.
2005: Sale of the service company Celero Support.
2006: Acquisition of Japanese Nissan Diesel (Now UD Trucks). Completed in 2007.
2007: Acquisition of Chinese wheel loader manufacturer Lingong.
2007: Acquisition of Ingersoll Rand's road development division.
2008: Joint venture with Eicher Motors of India within trucks and buses.