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 UD Trucks business had a minimal impact on the Volvo Group’s operating income in 2018.
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