Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in ...
TOKYO/STOCKHOLM (Reuters) - Sweden's Volvo AB will sell its Japan-based UD Trucks business to Isuzu Motors <7202.T> in a deal worth around $2.3 billion (£1.79 billion), exiting a low-margin business ...
AB Volvo has formally taken over UD Truck’s operations in Thailand after settling a two-year dispute with Hong Kong-listed Tan Chong International. AB Volvo acquired the worldwide UD Truck business in ...
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