11/17/2007 Volvo Financial Services North America Opens New Canada Office

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Volvo Financial Services North America recently held a ribbon cutting ceremony to celebrate the opening of its new Canada office in Aurora, Ontario.

The purpose of the new facility is to support the growth of the company’s Canada operations, which provide financial services to dealers and customers within the Mack Trucks, Volvo Trucks, Volvo Construction Equipment, Volvo Rents and Prevost bus business segments.  Martin Weissburg, President and CEO of Volvo Financial Services North America, comments “Our investment in these facilities is a reflection of Volvo Financial Services’ commitment in continuing to provide our Canadian dealers and customers a high level of service and support.  We take pride in being part of not only the Volvo Group, but also the growth or vitality of Canadian markets.”

Volvo Financial Services currently has 340 employees throughout North America, 50 of which are based in Canada.

Volvo Financial Services North America is the finance arm of the Volvo Group, one of the world’s leading providers of commercial transport solutions.  The company provides financial services for the truck, construction equipment, bus, aerospace and marine industries.  The primary brands it supports are Volvo Trucks, Volvo Construction Equipment, Mack Truck, Prevost Bus and Volvo Penta.    

Volvo Financial Services is part of the Volvo Group.  The Volvo Group is a publicly held company headquartered in Gothenburg, Sweden. With 2006 sales of approximately $34 billion, Volvo’s businesses include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace, and financial services. In the United States, Volvo shares are listed on NASDAQ and are traded as ADRs

For more information about Volvo Financial Services North America, visit our web site at www.us.vfsco.com

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For information, please contact:
Allison Long
Marketing & Corporate Communications Manager
Volvo Financial Services North America
336 931 4293
allison.long@vfsco.com

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