Volvo to Bolster Truck Division

January 29, 1999 11:03 AM, EST

PARIS — AB Volvo will use the $6.5 billion Ford will pay for its passenger car division to expand its truck and other commercial products businesses, according to Volvo spokesman Stefan Lorentzson.

“We’re changing the strategy within Volvo and will concentrate on commercial products,” Mr. Lorentzson said. “Scania is one of the acquisitions we would like to make. Besides that . . . there could be other acquisitions, sure.”

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