Press release

Renault Trucks signs agreement in principle with Nissan concerning new light truck

2006-02-17

Volvo Group Media Relations

AB Volvo's subsidiary Renault Trucks has entered into an agreement in principle with Nissan Motor Co., Ltd concerning the sales and marketing of a new light truck.

The new truck, which will be manufactured by Nissan and sold under the Renault brand identity, will supplement Renault Trucks' existing offer of light trucks.

In accordance with the agreement, the new truck will be sold via Renault Trucks' dealers. It will be based on the same platform as that to be used for the next generation Nissan Cabstar and Atlas. The new truck will complement Renault Trucks' current light vehicle offer, the Renault Master and Renault Mascott, and deliveries are scheduled to commence during the first half of 2007.

February 17, 2006

For further information, please contact Mårten Wikforss, +46 31 66 11 27 or +46 705 59 11 49

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