Volvo Trucks bought 45% of Dongfeng Commercial Vehicles

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Volvo Trucks incorporates owns parts of the companies of commercial vehicles of Nissan, Renault, Mack, Prevost, Nova and it is moving in a much better direction from the Volvo car manufacturing company, adding to their portfolio 45% of Dongfeng Commercial Vehicles.





Volvo Trucks bought 45 of Dongfeng Commercial Vehicles

The deal took approval from the Chinese government and all relevant authorities, with Volvo Trucks having acquired 45% of Dongfeng Commercial versus 5.5 billion yuan (about € 750 million). On January 26, a ceremony will be held to seal the agreement.