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AB Volvo and Navistar Discontinue Negotiations.


Business Editors

GOTEBORG, Sweden--(BUSINESS WIRE)--Dec. 21, 2001

In May 2001, AB Volvo's business unit Powertrain signed a Letter of Intent regarding the supply of 12 litre LITRE. A French measure of capacity. It is of the size of a decimetre, or one-tenth part of a cubic metre. It is equal to 61.028 cubic inches. Vide Measure.  engines to International Truck and Engine Corporation, a wholly-owned subsidiary of Navistar International Navistar International Corporation (Pink Sheets: NAVZ) (formerly International Harvester Company) is a manufacturer of International brand commercial trucks, MaxxForce brand diesel engines, IC Corporation brand school buses, Workhorse brand chassis for motor homes and step vans,  Corporation.

As it has not been possible to fulfil ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 the conditions outlined in the Letter of Intent, the parties have decided to cease negotiations.

Volvo Powertrain is one of the world's largest manufacturers of heavy-duty engines, with an annual production of over 125,000 heavy-duty engines.

December 21, 2001

For further information, please contact

Marten marten, name for carnivorous, largely arboreal mammals (genus Martes) of the weasel family, widely distributed in North America, Europe, and central Asia. Martens are larger, heavier-bodied animals than weasels, with thick fur and bushy tails.  Wikforss, Director of media relations, AB Volvo +46 31 66 11 27, +46 705 59 11 49
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 21, 2001
Words:113
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