The new generation vehicle will be sold through Renault Trucks' dealer network in Europe.
According to the company, the market launch will begin in European markets from April 2010 onwards. Within the Renault-Renault Trucks cooperation, new Renault Master vans will continue to be built at the Renault plant, SOVAB (Société des Véhicules Automobiles de Batilly), located in Batilly, France.
Jean-Marc Lange, vice president of light commercial vehicles business at Renault Trucks, said: "The new Renault Master, with its front and rear wheel drive versions, will perfectly complement our current range of Light and Heavy Duty vehicles."
Headquartered in Göteborg, Sweden, the Volvo Group is a manufacturer of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The company has production facilities in 19 countries and sells its products in around 180 markets.