STOCKHOLM — AB Volvo Chief Executive Leif Johansson probably didn't know how lucky he was when his merger deal with Swedish competitor Scania AB was rejected by European Commission officials in March. The turndown paved the way for Volvo to buy Renault Vehicules Industriels/Mack in a SK14 billion (US$1.6 billion) deal that analysts say gives the Swedish truckmaker far greater potential than would a merger with Scania. Volvo instantly increases its U.S. heavy truck market share to about ...
Premium Content (PAID Subscription Required)
"Volvo/Renault truck deal improves" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642