Kitsap Peninsula Business Journal
05-26-2000
Renault selling truck unit to Volvo
   It’s been reported in several foreign newspapers as well as Investors Business Daily that Renault was in serious negotiations with AB Volvo to sell its truck unit, RVI, to the Swedish automaker. The deal is expected to result in Renault selling RVI to AB Volvo in exchange for a 15 to 20 percent stake in the company.