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Volvo announces order for 1,000 buses from Colombian group in Panama

Monday, August 16, 2010

Volvo Buses said Monday it has received an order for 1,000 Volvo bus chassis for sale to Panama City.

The customer is a consortium in Panama called Transmassivo and is led by the Colombian enterprise Fanalca Group, which owns bus operators in several Latin American countries and represents one of Volvo Buses' largest customers.

The chassis will be built in Boraas, Sweden, while the bodies will be manufactured in Colombia by the company Superpolo, a joint venture between Marcopolo and Fanalca.

Original source: Dow Jones