Another consolidation among global truck makers is in the works. Sweden’s Volvo Group is selling its Japan-based UD Trucks business to Isuzu Motors, according to a joint Dec. 18 press release. The ...
Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in ...
The Volvo Group will sell its Japan-based UD Trucks group to Isuzu Motors as a first step in forming a global strategic alliance in commercial vehicles. The nonbinding memorandum of understanding ...
Isuzu Motors has acquired UD Trucks from the Volvo Group for $2.19 billion, on a cash and debt free basis, as a part of the strategic alliance between the commercial vehicles departments of the two ...
Japanese truck manufacturer Isuzu Motors has reportedly bought UD Trucks, the truck manufacturing unit of Swedish automaker Volvo AB, to develop next-generation technologies like electric and ...
The Japan-based UD Trucks— formerly known as Nissan Diesel— makes medium- and heavy-duty trucks and produced the world’s first vehicle-based selective catalytic reduction (SCR) system for the Quon in ...