2006

AB Volvo acquired from Nissan Motor Co Ltd, 40 million common shares (corresponding to 13% of the shares) in the Japanese truck manufacturer Nissan Diesel, and became major shareholder.
Renault Trucks signed agreement in principle with Nissan Motors concerning a new light truck which will supplement Renault Trucks' existing offer of light trucks, Renault Master and Renault Mascott
Volvo Group presented a new, efficient hybrid solution for heavy vehicles. Calculations indicate that fuel savings can amount to 35% in these applications.
Volvo Trucks launched new models for the North American market, the Volvo VT830 and Volvo VN730
Volvo Trucks broadens its business with new, cleaner trucks for distribution - the Volvo FL and the Volvo FE
Launch of new versions of Renault Midlum and Renault Premium Distribution
World premiere for new Volvo 7700 city bus
Frame agreement between Renault Trucks and the GAZ Group of Russia to manufacture the Renault dCi 11 engine under license
Volvo Bus Corporation and the Indian company Jaico Automobiles have reached an agreement to start a joint company in India for production of bus bodies
Strategic decision on closure of Volvo Aero's operations in Bromma, Volvo Aero Engine Services
SEK 1.8 bn expected in annual synergy gains through cooperation with the Japanese truck manufacturer, Nissan Diesel
Volvo Construction Equipment finalizes the acquisition of 70% of the shares in Lingong, a major construction machinery manufacturer in China
Dongfeng Motor Group, Nissan Motor and AB Volvo deepen discussions on possible future cooperation
Renault Trucks launches new version of the Renault Maxity lightweight truck. And in distribution agreement with Nissan Motor regarding the Renault Maxity
Mack Trucks launches new truck in construction segment, the TerraPro Cabover

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2006