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Mack, which was bought by Volvo in 2000, is one of North America's largest makers of medium-duty and heavy-duty trucks.
In 1987, Renault Vehicules Industriels took over from its parent company Renault a 42% stake in the American manufacturer Mack Trucks which became a fully owned subsidiary of Renault Vehicules Industriels in 1990.
Mack, founded in 1900, is one of North America's largest manufacturers of medium-duty and heavy-duty trucks, engines and transmissions. Its trucks are sold in nearly 30 countries. Volvo (VOLVb.ST) bought Mack in 2000.
We are one of North America's largest manufacturers of medium-duty trucks, heavy-duty trucks, proprietary engines and transmissions. Mack is part of the Volvo Group, one of the world's leading manufacturers of diesel, natural gas and electric trucks, buses, construction equipment, marine and industrial engines.
Mack Trucks is a leading manufacturer of heavy-duty trucks and is part of Volvo Group.
?Volvo and Renault VI/Mack complement each other well, both geographically and product-wise,? says Volvo CEO Leif Johansson. ?The intended transaction will double our share of the market in north America and will, at the same time, substantially strengthen our positions in markets in Southern Europe and North Africa.
Since 1900 Mack Trucks was founded in 1900 by Jack and Gus Mack in Brooklyn, NY, and was originally known as the Mack Brothers Company. The Mack brothers actually entered the vehicle manufacturing business seven years earlier, when they purchased the Fallesen and Berry carriage company.