Volvo trucks receives further order for 600 Volvo FH trucks from Iran

VOLVO TRUCKS RECEIVES FURTHER ORDER FOR 600 VOLVO FH TRUCKS FROM IRAN Volvo Trucks has received an order for a total of 600 Volvo FH12 trucks from Iran. This is the second order for the Volvo FH12 from Iran - in May the company received an initial order for 500 trucks. The trucks will be supplied in so-called CKD or Completely Knocked-Down kits, and they will be assembled in Teheran. "The order shows that customers in this region are prepared to invest in an advanced new model such as the Volvo FH12. It also represents a significant shift in technology for the country's transport industry. We look forward to further boosting our position on this market," comments Roar Isaksen, Senior Vice President and Manager of the International Division at Volvo Trucks. This agreement is the result of the cooperative agreement that Volvo signed earlier this year with Saipa Diesel in Iran on the manufacture of heavy trucks. The aim is to produce 1,500 units a year. Since the early 1970s, Volvo Trucks has supplied more than 40,000 heavy trucks to Iran, giving the company a leading position on this market. In some years, Volvo's supplies to Iran have totalled between 4,000 and 5,000 heavy trucks a year. October 4, 2001 For further information, please contact:Claes Claeson, Volvo Truck Corporation. Telephone: +46 31-663908 or +46 708-363908. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/04/20011004BIT00660/bit0002.doc http://www.waymaker.net/bitonline/2001/10/04/20011004BIT00660/bit0002.pdf