Volvo might be in for long wait with Dongfeng JV
Swedish industrial group Volvo could have to wait years before it can begin manufacturing heavy trucks in China together with potential joint venture partner Dongfeng Motor Group Co Ltd.
"We are 90 percent through with our discussions," Volvo Deputy Chief Executive Jorma Halonen said on Thursday, adding though that progress in talks was not the only factor affecting its timetable.
When asked when the joint venture could be finalized, Halonen said it could take anywhere between 2 to 15 years. Should a deal be reached, Volvo would likely replace Nissan Motor Co Ltd as Dongfeng's heavy and medium duty commercial vehicles partner.
Currently Volvo already operates four joint automotive ventures in China
Views:0
- Volvo Gets Order for 1,500 Volvo FH Aero Trucks from an Italian Logistics Compan 2024-07-23
- Volvo Trucks Will Be at the IAA Transportation 2024 Expo 2024-07-15
- Volvo Expands Its Range of Biodiesel-powered Trucks 2024-05-28
- Volvo and Daimler Truck to Form Software Joint Venture 2024-05-23
- World's First: Volvo Built Electric Trucks with Fossil-Free Steel 2022-11-11
- Volvo to Supply 20 Heavy-duty Electric Trucks to Amazon 2022-10-10
- Volvo Trucks Starts Series Production of Heavy Electric Trucks 2022-09-15
- Volvo Trucks Launches FH with I-Save in China 2022-04-29
- Volvo FH with I-Save to be Launched in China, Cutting Fuel Cost by 10% 2022-04-22
- Volvo, Daimler And Traton Agree On JV Charging Network for Europe 2021-12-27
Submit Your Requirements, We Are Always At Your Service.
- Dongfeng Introduces 2025 New Products and Technologies to Global Dealers
- GAC Hino Showcases New Models at 2025 GAC Int'l Partner Conference
- Foton and Teld New Energy Form JV to Drive New Energy Heavy Truck Development
- JMC Overseas Sales Surge
- Indonesian Ambassador to China Visits Shaanxi Automobile
- FOTON Launches the "Auman Galaxy Global Experience Tour"
- Geely Expands into Pakistan with New Partnership
- Zhizi Auto Successfully Holds 2025 Product Launch Event
- FAW Jiefang and CATL Sign Strategic Partnership Agreement
- Driving Green Economy Forward: ABA Bank Partners with ZO Motors Cambodia
- China's New Energy Heavy Trucks See Record Sales in 2024
- January Heavy Truck Sales Drop 28% YoY to 70,000 Units
- November 2024: Heavy Truck Sales Hit New Highs
- November 2024: New Energy Light Truck Sales Hit 14,000 Units in China
- November 2024 Sees Surge in New Energy Heavy Trucks in China
- Heavy Truck Sales Reached 56,000 units in First Three Quarters 2024
- Heavy Truck Sales in September 2024
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024
