SKOVDE, Sweden - Volvo's Powertrain business unit has inked a letter of intent and is negotiating a long-term agreement to supply 12-litre engines to International."This is a very exciting development...
SKOVDE, Sweden – Volvo’s Powertrain business unit has inked a letter of intent and is negotiating a long-term agreement to supply 12-litre engines to International.
“This is a very exciting development for business unit Powertrain,” says the Volvo Group’s president and chief executive officer, Leif Johansson. “At a time when our North American truck operations are faced with serious challenges, this opportunity for growth within Volvo Powertrain is most welcome.”
The engines will be used in trucks manufactured by International in North America and will comply with the U.S. ’02 emission regulations. The engines will initially be produced at Volvo Powertrain’s plant in Skovde, Sweden, however, Volvo will move production to North America. n
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