SEOUL — Looking to exit the automotive sector, Samsung Group is planning to sell its commercial vehicles unit to AB Volvo. The company already is in deep negotiations to sell its passenger car unit to Daewoo Group (see p.3), which is hoping to sell its own commercial vehicles unit. AB Volvo, which sold its passenger car division to Ford Motor Co. early this year, confirms Samsung is looking to sell the unit to the Swedish company. Samsung says the two companies have been negotiating for ...
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