BEIJING — AB Volvo hits another stumbling block in its push for a truckmaking joint venture in China. This time, the US$200 million JV has been postponed by financial problems on the part of its venture partner, China National Heavy-duty Truck Corp. (CNHTC). China's State Council again has blocked the venture until the Chinese truckmaker is able to restructure RMB6 billion (US$720 million) in debt. Bankruptcy is not a factor with a state-owned company, but the state has the power to ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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 pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.