Volvo to Purchase Stake in Petro

Volvo Trucks North America has agreed to buy a stake in Petro Stopping Centers. Details of the alliance between the truck manufacturer and the travel plaza chain were not announced.

Under the agreement, Volvo owners will gain access to 214 service bays at 50 Petro locations. Additionally, Petro's facilities will be available to Volvo customers through an around-the-clock customer support center.

Volvo president Marc F. Gustafson said the partnership will "significantly improve the business operations and lifestyles of truckers."