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Volvo Trucks acquires truck production facility in China

Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle Co., Ltd., a subsidiary of Jiangling Motors Co., Ltd., which includes a manufacturing site in Taiyuan, Shanxi province, China, for an amount of CNY0.8 billion (USD126 million). The objective is to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks […]

The post Volvo Trucks acquires truck production facility in China appeared first on F&L Asia.

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