Video Inside: Signing Ceremony For Volvo Trucks' Acquisition of JMCH Equity
27 August 2021
Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle, a subsidiary of Jiangling Motors, which includes a manufacturing site in Taiyuan, Shanxi province, China, for an amount of RMB 0.8 billion. The objective is to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks in Taiyuan for customers in China from the end of 2022. The operation...