Volvo Group transfer UD Truck business to Isuzu Motors
Volvo Group and Isuzu Motors form a strategic alliance within commercial vehicles by signing a non-binding Memorandum of Understanding (MoU). The partnership entails transferring the ownership of the complete UD Trucks business globally from the Volvo Group to Isuzu Motors with a motive of accelerating its growth by leveraging greater volumes and complementary capabilities. With an intend to capture opportunities[Read More…]