Volvo Car and Mitsubishi Motors Corp. decide to continue their Netherlands-based NedCar BV joint venture on a “business as usual” basis at least through 2004 and to make a “substantial investment” in the operation's paint shop, as the JV's board meets for the first time since Ford Motor Co.'s acquisition of Volvo. A Volvo spokesman says the Volvo and Mitsubishi executives, who met recently at NedCar headquarters in Born, decided it would be “stupid to break the relationship” in which the ...
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