Bus and truck maker Volvo was reported to have said on Tuesday it would invest SKR530m ($US76.3m) in a French plant of subsidiary Renault Trucks to increase assembly and painting capacity.

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Renault Trucks’ cab plant in Blainville produces cabs for all of its truck models. The changes at the plant are scheduled to be completed in 2009, the company said in a statement cited by the Associated Press (AP).

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