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22nd December 1978
Page 7
Page 7, 22nd December 1978 — rolvo's Norway link
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Which of the following most accurately describes the problem?

LVO'S British lorry assembly operais will not be affected by the :hcoming accord between the corny and the Norwegian government. So I Volvo Trucks (Great Britain) maring manager John Dennis when he ; pressmen in London last week.

'he general impression created by Ivo is that successful activities are rig left alone, and that the new deal I provide much needed funds for estrnent in the 1980s and 1990s.

fir Dennis agreed that there had been a ssive invest ment in lorries in the past 7 years, but said that this represented a base investment in heavy commercials which will see the company in good order for at least another 10 years.

The major investment in a new bus factory in Sweden this year is a further development along similar lines, but long-term development is still actively being pursued.

On commercial vehicle lines, Volvo is engaged in the development of "peoplemoving technologies" which include automatic (driverless) bus systems and total public transport packages for developing countries. The injection of Norwegian money will help this activity. .

Tags

Organisations: Norwegian government
People: John Dennis
Locations: London