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Tuesday, January 26th, 2010
In the news: AB Volvo € ™ s subsidiary Renault Trucks has signed a distribution agreement covering the Renault Maxity light commercial vehicles with the manufacturer Nissan Motor. That was in February 2006 when an agreement was signed for distribution.
The Renault Maxity is a RCA-to-vehicle light duty motor which is produced by Nissan Motor at its plant in Spain. Renault Trucks' dealers will begin selling trucks in Maxity Marcg this year. The Maxity was developed and manufactured for Renault Trucks by Nissan Motor and is sold under Renault Trucksâ € ™ identity. Renault Maxity Renault ends Trucksâ € ™ existing range of light trucks including Renault Master and Renault Macott. These trucks are produced in a range of categories weight from 2.8 to 4.5 tons, with three engine variants.
The Volvo Group is one of the world ™ € s largest manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, components and aviation services. The Group also provides complete solutions for financing services. The Volvo Group has at least 82,000 people employed, has production facilities in twenty-five countries and sells its products in over 185 markets. Annual sales of the Volvo Group amount to over twenty billion euros. The Volvo Group is a public company headquartered in Gothenburg, Sweden. Volvo shares are listed on the Stockholm Stock Exchange and NASDAQ the United States.
The Volvo Group is also different of Volvo Cars since it deals more in auto manufacturing and auto parts, like the title = "Volvo antenna"> Volvo antenna. The Volvo Cars has been owned by Ford Motor Company since 1999.
Volvo is Latin OEI rolla € â € or â € OEI turn.â € The name Volvo was originally registered in May 1911 as a separate company within SKF AB and as a trademark with the intent to be used for a special series of ball bearings, but this idea has been used for a short period time and SKF decided to use the mark as SKF rather than all of its product range. The company Volvo AB didnâ € ™ Are there activities until August 10, 1928, when SKF Sales Manager Assar Gabrielsson and Engineer Gustav Larson has introduced the car-manufacturing company AB Volvo within the SKF Group.
Volvo AB was finally introduced to the Stockholm Stock Exchange in 1935 and then decided to sell its SKF hares in society. It was in April 14, 1927, the first Volvo car series called "A-V4 '(A-NWPP Vagn (car open) -4 cylinders) were produced. Only 996 cars were produced from 1927-1929. The 'A-V4 is replaced by PV651 model in April 1929. The first successful car produced by the Volvo PV444 was introduced in September 1944.
About the Author:
James Russel grew up in Los Angeles and is 35 years old. He works as a marketing analyst for a supplier of automotive parts in the United States. On his spare time, he loves to spruce up his vehicle.
Article Source: ArticlesBase.com – Volvo’s Subsidiary Renault Trucks Signs Distribution Agreement With Nissan Motor