GOTEBORG, Sweden, June 28, 2005 (PRIMEZONE) -- Volvo Trucks is opening a new factory in Durban, South Africa. At the same time operations are being closed down at the assembly plant in Botswana. Underlying the decision is the call for shorter lead times and lower freight costs.
Volvo Trucks has assembled CKD-kits (Completely Knocked Down) in Botswana since 2000, when they took over the factory from the previous Volvo importer. The bulk of the trucks manufactured at the factory have been intended for the growing South African market and, as a result of the move to South Africa, lead times have been reduced significantly. Work on preparing the new plant in Durban has started, and as early as December the first truck will roll off the production line. Last year Volvo Trucks sold almost 1,000 trucks in South Africa.
June 28, 2005
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Volvo Trucks sells trucks and transport solutions, specialized in heavy trucks with total weights above 16 tons. The company's products are marketed in more than 130 countries. Volvo Trucks is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service.
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