Press releases 2005

Volvo Aero in Trollhättan is to produce parts for the world's largest aircraft engine, the GE90-115B, which is the engine used on the Boeing 777-200LR and 777-300ER. In accordance with a new agreement with General Electric, Volvo Aero will manufacture components for the GE90-115B, with an estimated order value of SEK 2 billion over the next ten years.

Volvo Trucks has received permission to test new technology using tired drivers and drivers under the influence of alcohol. At today's cabinet meeting, the government gave its permission for the trials to go ahead.

Raj Travels, India's largest travel agent has placed an order for 100 Volvo coaches with Volvo Buses. It is the biggest order so far for Volvo Buses in India.

In the New Year, the residents of Göteborg will have the opportunity to travel on Sweden's longest bus - a new bi-articulated bus that is a full 24 meters in length. The success of one of the city's bus routes means that the public transport company Västtrafik requires a bus that can carry up to 165 passengers.

Volvo Aero's current President, Fred Bodin, has announced his intention to retire at the end of 2006 in conjunction with his 60th birthday. The new President will be Olof Persson, 41, currently president of the Canadian aircraft and train manufacturer Bombardier's Mainline and Metro division for trains and subways. Olof Persson will also be a member of the Volvo Group Executive Committee.

Volvo Buses has received its biggest order so far in China. Shanghai's largest transport company, SHANGHAI BA-SHI (GROUP) INDUSTRIAL CO., LTD, has ordered 2,000 Volvo B6R buses, for delivery by summer 2007.

Volvo Trucks is participating today at a seminar on alco-locks in Brussels. The aim of the meeting is both to demonstrate how the equipment works and to persuade the EU to introduce the alco-lock as standard on all commercial vehicles.

Problems with wireless networks can cause irritation at home. But for Volvo IT's project manager, Mattias Andersson, the entire Volvo Ocean Race is at stake.

The aircraft manufacturer Boeing has decided to invest in a new and larger version of today's Boeing 747. Volvo Aero is a partner in the only engine offered to customers of Boeing's new 747-8.

AB Volvo has now completed the previously announced sale of the Group's service company Celero Support to Coor Service Management. Accordingly, all terms and conditions of the transaction were met.