News: Automotive equipment

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1999

 

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Volvo Trucks win Truck of the Year 2000

12/29/1999 4:02 AM EST  -   Volvo
VOLVO TRUCKS WIN TRUCK OF THE YEAR 2000

The Volvo FH12 will be crowned 'Truck of the Year 2000' at the Amsterdam
Truck Show. This makes Volvo the first brand to have won the industry's
most prestigious award five times. The FH12 is also the first model to win
the award twice. The FH series was an immediate success when it was
introduced in 1993 and was named Truck of the Year 1994.

Autoliv starts subassemblies in Tunisia

12/29/1999 4:00 AM EST  -   Autoliv
Autoliv Starts Subassemblies in Tunisia

(Stockholm, Dec. 29, 1999) - Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the
world-wide leader in automotive safety systems - has completed the first
phase in localizing some of its steering wheel operations to Tunisia. This
part of the plan includes two production plants in El Fahs and Ennadour,
southwest of Tunis, for leather-wrapping of steering...

Scania forms holding company for emerging markets

12/28/1999 7:17 AM EST  -   Scania
Scania is to coordinate its activities in new markets through a holding
company known as Scania Trade Development AB. The aim is to provide new
businesses with a 'home base' in terms of ownership and organisation,
providing them with specialised assistance in managing their activities
during the development phase.


"We aim to create better conditions for profitable development...

Volvo Aero secures first IT-order in product support field

12/22/1999 7:39 AM EST  -   Volvo
VOLVO AERO SECURES FIRST IT ORDER IN PRODUCT SUPPORT FIELD

Volvo Aero has secured its first major order for software systems. The
company has been selected as the supplier of a new maintenance and
planning system, Maintenix. The purchaser is the U.S. company DynCorp,
which intends to use the system to enhance the efficiency of maintenance
on the U.S. Army's C-12 aircraft.

Major order for Volvo Trucks from Iran

12/21/1999 3:03 AM EST  -   Volvo
MAJOR ORDER FOR VOLVO TRUCKS FROM IRAN

Volvo has received an order for 1,500 F12 kits from Iran. The value of the
deal corresponds to some SEK 0.5 billion. Deliveries are expected to
becompleted during the first half of 2000.

This agreement was signed by the president of Volvo Trucks,Karl-Erling
Trogen, and the president of Saipa Diesel, Hashem Zarc. "Iran is a very

Volvo Aero secures important order

12/20/1999 5:06 AM EST  -   Volvo
VOLVO AERO SECURES IMPORTANT ORDER

Volvo Aero Corporation has secured an order from General Electric for 600
LPT Case components. The total value of the order is approximately SEK 300
million.

The order is expected to keep about 20 persons employed for five years,
beginning in 2001. The LPT (Low-Pressure Turbine Case) is a component in
the CF6-80C and CF6-80E aircraft...

Volvo Trucks' deliveries January-November 1999

12/17/1999 8:22 AM EST  -   Volvo
VOLVO TRUCKS' DELIVERIES JANUARY-NOVEMBER 1999

Volvo Trucks' deliveries up to November 1999 recorded a total of 76,815
units. Sales showed the following distribution:

1998 1999 %

Europe, total 37,318 37,939 +2
of which

Western Europe 33,597 35,366 +5
Eastern Europe 3,721 ...

Volvo wins prestigious truck test

12/17/1999 8:05 AM EST  -   Volvo
VOLVO WINS PRESTIGIOUS TRUCK TEST

Volvo is the most economical heavy truck in Europe, according to the Trans
Euro Test - the Millennium Challenge.

The Trans Euro Test is annually arranged by a number of leading European
truck magazines. The test was run between Antwerp and Milan, a distance of
1800 kilometres. Three different variables were measured; fuel
consumption,...

New Scania Centre opens in Warsaw

12/15/1999 7:12 AM EST  -   Scania
Scania continues to expand in Poland

On Wednesday, the President and CEO of Scania, Leif Östling, inaugurated
the latest Scania Polska facility in Warsaw. The new Scania Center, the
result of a 40 million kronor investment, is located in Nadarzyn about 20
kilometres south of Warsaw along the motorway to Katowitze, and it will be
the hub of Scania's growing operations in Poland.

Volvo and Mitsubishi Motors sign strategic alliance agreement

12/13/1999 3:33 AM EST  -   Volvo
VOLVO AND MITSUBISHI MOTORS SIGN STRATEGIC ALLIANCE AGREEMENT

Volvo and Mitsubishi Motors Corporation have signed a final agreement
covering the establishment of a strategic alliance between the companies
in accordance with the letter of intent publicized in October this year.
In accordance with the original agreement, Volvo has now also acquired
48,516,000 newly issued shares,...