Tag Archives: Li Shufu

Now, Volvo Trucks has a Chinese connection

Now, Volvo Trucks has a Chinese connection

The ambitions of China’s Zhejiang Geely Holding Group to acquire a small stake in Daimler was turned down last month. But the Chinese major wanted a pie in the growing truck segment. Now Geely, which owns Volvo Car Group, will buy 8.2% stake in Swedish truck maker AB Volvo from Cevian Capital for about $3.3

First China-Built Volvo S90 Saloons Arrive In Europe Via Ground-Breaking Rail Link

Volvo Cars has become the first car maker in the world to export China-made cars to Europe by train via China’s new ‘One Belt, One Road’ trade initiative. The first S90 premium saloons, built at its Daqing plant in China, will arrive at a distribution centre in Zeebrugge, Belgium this week. The cars have been