Volvo: Frame Agreement between Renault Trucks and the GAZ Group for Manufacturing of Engines Under LicenceFrame Agreement • June 19th, 2006 • Aktiebolaget Volvo \Publ\ • Motor vehicles & passenger car bodies
STOCKHOLM, Sweden--(BUSINESS WIRE)--June 19, 2006--AB Volvo's (Nasdaq:VOLV)(STO:VOLVA)(STO:VOLVB) subsidiary Renault Trucks has signed a framework agreement on June 19 granting the GAZ Group of Russia to manufacture the Renault dCi 11 engine under licence. The engines will be manufactured for the Russian market and the CIS states (Commonwealth of Independent States).
