Breakthrough for Volvo Buses in Lithuania

Breakthrough for Volvo Buses in Lithuania Volvo Buses has received an order for 90 city buses from Vilnius, the capital of Lithuania. This is Volvo Buses' first order for new city buses in Lithuania and is a breakthrough for the company in another of the new EU countries. The new EU countries of eastern Europe are expected to be some of the fastest growing markets in the world for buses over the coming years, which is why Volvo Buses is investing heavily in marketing its products in these countries. At the end of last year Volvo Buses was the first foreign company to receive a city bus order from Budapest, the capital of Hungary, also a new member of the EU. "Lithuania has a number of old Volvo buses, but this is the first time we have received an order for new city buses," says Pawel Halas, sales manager for Lithuania and Poland. The order is for 90 Volvo 7700s, the same city bus sold to Hungary. 60 of the buses are singel buses and 30 are articulated buses. The first 10 articulated buses will be delivered at the end of September this year and the first 20 singel buses a little later in the autumn. The other 60 buses will be delivered in 2005 and 2006. The customer is the city traffic company in Vilnius, UAB Vilniaus Autobusai. The company has a fleet of around 300 buses and carries 220,000 passengers every day. The buses are produced at Volvo Buses' factory in Wroclaw, Poland. June 4, 2004 For further information, please contact: Pawel Halas, Sales Manager, +48 601 292443 Per-Martin Johansson, press officer, +46 31 322 52 00 Volvo Bus Corporation is the world's second-largest manufacturer of large buses and coaches. The range comprises complete vehicles, chassis, bus bodies, transport system solutions for metropolitan traffic, leasing, financing and service contract maintenance. Volvo Bus Corporation is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/04/20040604BIT20290/wkr0006.pdf

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The headquarter is located in Gothenburg, Sweden.

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