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Tag: Dongfeng
Business
Volvo acquires 45 percent of Dongfeng Commercial Vehicles
AB Volvo has signed an agreement with Dongfeng Motor Group (DFG) to acquire 45 percent of Dongfeng Commercial Vehicles (DFCV), a new subsidiary of DFG, which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. The company says the transaction will make Volvo Group the world’s largest manufacturer of heavy-duty trucks. […]
January 28, 2013
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