Volvo Buses has Won an Order for 64 Buses from Goteborgs Sparvagar


GOTEBORG, Sweden, Nov. 5, 2003 (PRIMEZONE) -- Volvo Buses (Nasdaq:VOLVY) (Other OTC:VOLVF) (Other OTC:VOLAFK) has won an order for 64 buses from Goteborgs Sparvagar (Gothenburg Tramway Ltd). Environmental aspects have been extremely important, natural gas buses and exhaust emission control filters on diesel buses will improve the environment in Gothenburg. The buses will be delivered in May 2004.

Within the last couple of days, Volvo Buses and Goteborgs Sparvagar have signed a contract for 64 buses, which will mainly be in service in eastern Gothenburg and Hisingen. With this order, Volvo Buses continues to be the main supplier for Goteborgs Sparvagar. The bus order is divided between two types of bus, 30 Volvo B10LA CNG (natural gas) and 34 Volvo B12BLE Bogie. The B10LA is being built in Boras and bodybuilt at the Volvo Buses factory in Saffle, and the B12BLE is being built at the Volvo Buses factory in Poland.

The buses will be delivered in May 2004 in readiness for the start of the bus services, which Goteborgs Sparvagar takes over in June 2004 on behalf of Vasttrafik (Public Transport Authority of West Sweden). By the middle of 2006, the diesel buses will cope with 2 gr NOx using SCRT (exhaust emission control filter), which is a requirement from Vasttrafik.

"It is gratifying to see that Volvo Buses' commitment on the environmental side is resulting in increased volumes, above all in terms of natural gas buses," says Stefan Guttman, CEO of Volvo Bussar Sverige AB (Volvo Buses Sweden).

2003-11-05


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