Press releases 2002

Volvo IT will provide Nordic industries with services based on solutions from Dassault Systemes for Product Lifecycle Management (PLM).

Deliveries from Volvo's truck operations, which includes Volvo Trucks, Mack Trucks Inc., and Renault Trucks increased by 8% for the month of May, compared with the same month last year. On a year-to-date basis, deliveries amounted to 62,064 trucks compared with 68,738 trucks for the same period last year, a decrease of 10 %. In Europe, deliveries declined by 11 % to 38,989, and 14,183 trucks were delivered in North America, which is 14 % less compared with the same period last year. However, the order intake improved during the first five months.

Volvo Construction Equipment introduces its new B-series motor grader, a new generation of machines designed and engineered to provide more power, more productivity and improved operator comfort.

WFO, the World Foundrymen Organization, has chosen to present Volvo's foundry in Skövde, Sweden with its newly instituted Environmental Award 2002 for the development of a new casting process that contributes to a reduced environmental impact from production as well as from the completed truck engines.

Volvo Buses has been chosen as preferred supplier to two of the leading bus operator groups - the Flecha Amarilla and Toluca Groups - in Mexico. The new contract runs for three years with about 600 buses to be delivered per year. The contract includes buses and coaches for various applications from regular services up to luxury coaches, as well as transit buses. This agreement follows the earlier order for 900 units of Volvo 7550, whereof the majority was delivered in 2000 and 2001.

Volvo Information Technology will be managing operations and IT support for the UK's largest crash repair specialist, Nationwide Accident Repair Services. This is a three-year contract and it is worth more than SEK 20 million.

AB Volvo and the Volvo Car Corporation will arrange a new Volvo Ocean Race, with start in Europe in 2005-2006. The nearly completed competition the closest in the history of the race has been a major public and sports success. After careful consideration, the two companies have decided to arrange a new round of the around the world yacht race.

-Volvo Powertrain CEO sees need for global harmonization of regulatory frameworkTo reach the high environmental potential of the diesel engine, and have the maximum environmental benefits of investments, the industry needs clearer and earlier regulations from legal authorities involved, Lars-Göran Moberg, head of Volvo Powertrain Corporation, said Tuesday in a key note speech at the World Fuel Conference in Brussels.

Deliveries from Volvo's truck operations, which comprises Volvo Trucks, Mack Trucks, and Renault Trucks, amounted to 47,352 trucks year to date compared with 55,062 trucks last year, a decrease of 14 %. In Europe deliveries declined by 17 % to 29,902 while 10,560 trucks were delivered in North America, down by 18 %.

Following the recent announcement about its new company for the manufacture, sales and service of construction equipment in China, Volvo Construction Equipment (CE) announces the appointment of 9 authorized dealers.