Michelin, Volvo team up for development
ERJ staff report (DS)
Paris - Michelin and the Volvo Group are to work together on innovation projects. The agreement extends an existing cooperation deal which has meant that since 2003, Michelin has been Volvo's main OE tyre supplier.
Under the contract signed on 25 January 2010, Michelin will supply truck tyres as original equipment for vehicles assembled by Volvo in North America, South America, Europe and, for the first time, Turkey, and marketed under the Volvo Trucks, Volvo Buses, Renault Trucks and Mack Trucks trade names.
With the signing of this new contract, the two companies also decided to pursue and step up their cooperation in the area of research and development. The goal is to bring market innovations to equip future generations of Volvo Group vehicles, which will be more energy efficient and environmentally-friendly thanks in part to Michelin's low fuel consumption tyres.
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