Renault Trucks Receives Order for 2,820 Trucks

GOTEBORG, Sweden, Jan. 28, 2003; AB Volvo's subsidiary, Renault Trucks, has received an order from the French Armed Forces covering delivery of 2,820 trucks. The order is estimated at a value of EUR 160 M (about SEK 1.5 billion) during a five-year period. The trucks ordered, the GBC 180 model, will be manufactured at Renault's plant in Limoges, France. Deliveries will begin immediately and continue during a five-year period. The GBC 180 is the predominant truck in the French Armed Forces.