AB Volvo reported Friday that Volvo Trucks has signed a new cooperative agreement with Iran's Saipa Diesel for the manufacture of heavy trucks, AFX news service reported. Under the terms of the ...
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Geely to Sell $1.32 Billion of Volvo Truck Shares(Bloomberg) -- Shares of truckmaker Volvo AB dropped as much as 5.9% in Stockholm on Friday on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares ...
Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. has obtained a syndicated loan to refinance borrowings related to its 2018 acquisition of a stake in Volvo AB, according to people ...
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