As a subsidiary of Volvo Group, Prévost has expanded its offering to include the Volvo 9700 for the North American market. This partnership has also enabled Prévost to expand in to other ventures.

Eugene Prévost was a cabinet maker and carpenter who made school furniture and church pews. He was asked to build a bus frame onto a specialized chassis. His product became popular and received multiple orders. Prévost continued to make bus frames out of wood until 1945 when they began to use metal. The company was purchased by two American businessmen in the late 60's and sold to Volvo in 1995.

With Volvo backing, Prévost has dominated its market share for years. Most speculate it is because its competitors are unable to match the smooth ride offered on Prévost chassis offerings.

In 2011 the United States Secret Service purchased 2 Prévost X3-45 VIP Highway Coaches for use in Presidential Motorcades. Previously the Secret Service hired a private coach from a private company in whatever city the President would travel in. Due to security concerns it was decided purchasing coaches for Presidential use was a more secure option. In the transit community it was seen as unusual for the Secret Service to purchase Prévost models with Federal Tax Payer money due to Buy America restrictions. (These are restrictions which force companies and the government to give preference to Domestic Manufacturers to procure vehicles if they are to be purchased with Federal money). Prévost was selected due to its reputation and bad experiences with older model MCI coaches.

Prévost coaches legnedary reputation have earned them repeat customers time and time again and pushed the company to dominate the very competitive market for highway coaches. Prévost models are often selected more than its competitors for specialty applications such as VIP Entertainer coaches, Team Buses and RV Shells.