Sweden’s AB Volvo plans to expand operations in Thailand after taking 100% ownership of its assembly plant in Samut Prakan, outside Bangkok. The Bangkok Post quotes an unnamed industry source as saying the auto maker intends to make Thailand the regional manufacturing hub for Volvo trucks and buses. Volvo has bought all the shares of Thai-Swedish Assembly Co. Ltd. from its partners Volvo Car (Thailand) Ltd., a subsidiary of Ford Sales & Service (Thailand) Co. Ltd., and Thai-Swedish ...
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