Volvo Group and Isuzu Motors intend to form strategic alliance; Volvo to transfer UD Trucks to Isuzu
Green Car Congress
DECEMBER 19, 2019
The Volvo Group and Isuzu Motors signed a non-binding Memorandum of Understanding with the intent to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing transformation of the industry. The enterprise value for the complete UD Trucks business is JPY 250 billion (US$2.2
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