Volvo Cars may have been acquired by a Chinese automaker, but over at its former parent company, the tide of ownership has gone in the opposite direction as the Volvo Group has acquired 45 percent of ...
(AP) Swedish truck maker AB Volvo says it will acquire a 45 percent stake in a new heavy-truck unit of China’s Dongfeng Motor Group Co. for a total amount of 5.6 billion yuan ($890 million) Volvo CEO ...
STOCKHOLM, Feb 1 (Reuters) - China's Dongfeng could become the fifth truck brand of global number two truck maker Volvo , a Volvo executive was quoted as saying on Thursday. Volvo said last month it ...
SHANGHAI (Reuters) - Volvo AB has agreed to withdraw from its truck venture with the state parent of Sinotruk <3808.HK>, moving closer to a possible tie-up with Dongfeng Motor Group Co <0489.HK>, ...