Yueqing Hualing Mechanical Accessories Factory

中文版     English

HomeAbout UsNewsProductsCertificateServiceInquiryContact Us
Truck spare parts
Forklift truck spare par...
Contact Us
Tel: 86-577-62300688
Fax: 86-577-62300766
Mail: hl@hualongjx.cn
TRUCK PARTS //EU green lights Volvo and Dongfeng merger
Time:2013-5-14         Views:152

AFP - The European Commission approved on Wednesday a tie-up between Sweden's Volvo Trucks .TRUCK  spare parts  and China's Dongfeng Motor which will create the world's biggest truck maker ahead of Germany's Daimler. tVolvo truck parts

Under the deal, worth $900 million, Volvo Trucks cab pump  will acquire a 45-percent stake in the Chinese company's Dongfeng Commercial Vehicles (DFCV) unit, giving it effective joint control with Dongfeng Motor.

Volvo cylinder  is currently ranked third behind Dongfeng and Daimler but the tie-up will give the venture top spot.

In 2011 Volvo produced 180,000 units, 6,000 fewer than Dongfeng, but a large part of the Chinese firm's production will pass to the new subsidiary.

Another Chinese automaker, Geely, owns Volvo Cars, bought from Ford Motor in 2010, but it has struggled to boost profits as the brand's market share has fallen. cab lift pump

 Previous: CAB PUMP//Chinese auto firms sprouting u...
 Next: CAB pump//Heavy truck sales increasing sharpl...
Print this page】 【Close window】 【Return to List
Yueqing Hualing Mechanical Accessories Factory

Copyright Notice © 2009 Yueqing Hualong Mechanical Accessories Factory . All rights reserved.
Add: SHENFANG INDUSTRY ZONE,SHIFAN YUEQING ZHEJIANG CHINA | Tel: 86-577-62300688 | Fax: 86-577-62300766 | E-mail: hl@hualongjx.cn
cab pumpcab Cylindercabin pumpcabin Cylindertruck spare parts