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    June 1, 2003
    Peter Karlsten has been named the new president of Volvo Trucks North America, succeeding Michel Gigou, who will return to Europe in October. Karlsten,

    Peter Karlsten has been named the new president of Volvo Trucks North America, succeeding Michel Gigou, who will return to Europe in October. Karlsten, who starts his new position October 1, has been president of Volvo Trucks in Brazil since 2001. Gigou, formerly Mack Trucks Inc president, will remain chairman of Volvo Trucks.