Volvo is the Western hemisphere’s second largest truck producer (226k in 2018) after Daimler (>500k) and says that it intends to form a strategic alliance with Japanese Isuzu (532k trucks of all weight classes plus SUVs and Pick-up trucks). In a first step, Volvo sells its Japanese operation (called UD) to strengthen the two companies’ position in heavy trucks.
18 Dec 2019
Volvo to sell Nissan Diesel to Isuzu
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Volvo to sell Nissan Diesel to Isuzu
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
18 Dec 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Volvo is the Western hemisphere’s second largest truck producer (226k in 2018) after Daimler (>500k) and says that it intends to form a strategic alliance with Japanese Isuzu (532k trucks of all weight classes plus SUVs and Pick-up trucks). In a first step, Volvo sells its Japanese operation (called UD) to strengthen the two companies’ position in heavy trucks.