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Terberg and Volvo joining to focus on special trucks

15th February 1996
Page 15
Page 15, 15th February 1996 — Terberg and Volvo joining to focus on special trucks
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Which of the following most accurately describes the problem?

• Volvo Truck Corporation is to form a joint venture company with Dutch specialist vehicle maker Terberg in which Volvo will be the majority shareholder.

Volumes are expected to grow to 300 vehicles annually with all trucks badged as Volvo. They will have an all-Volvo driveline.

According to Volvo Truck's executive vicepresident Tommy Rengman, one of the areas the joint company will concentrate on is refuse trucks. Terberg already produces a narrow-cab refuse collection chassis using a Volvo driveline.

L At the Amsterdam Show last week Rerignian confirmed Volvo will be introducing its longawaited 7.5-tormers this year.

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