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Volvo gets order to sell 1,500 trucks in Hungary

Volvo said it received an order to sell 1,500 trucks to privately owned Hungarian logistics firm Waberer's Optimum Solution.

“This is a long-term commitment of Waberer's Optimum Solution and Volvo Truck Corporation where the previous frame agreement signed in 2006 concerning 1,000 trucks will be concluded in 2008,” Volvo said in a statement.

The new agreement calls for the world number two truck maker to deliver the trucks before 2011. (Reuters)