• Volvo Penta introduced a new boat drive system - the Volvo Penta IPS (Inboard Performance System).
  • Mack presented the new Advantage chassis, to better serve the needs of highway customers.
  • Volvo and ArvinMeritor entered into a Strategic Alliance Agreement for the supply of axles.
  • Volvo CE launched its ECR range of short swing radius compact excavators from 2.5 to 8 tons.
  • Volvo Group reached an agreement to acquire the remaining 50% of the North American bus manufacturer Prévost Car Inc, containing the Prévost and Nova brands.
  • Renault Trucks has signed an agreement
    with the Chinese truck manufacturer Dong Feng Motors aimed at establishing a joint-venture company for manufacturing trucks and truck components in China.
  • Volvo Aero and General Electric Company
    have signed an agreement of three major components for the new GEnx engine.
  • New version of Renault Magnum
    to be launched in the beginning of 2005.