BEIJING — Volvo Truck Corp. is hedging its bets in China. After announcing a large-scale joint venture with China's largest heavy truckmaker, Volvo, discouraged by China's slumping economy, now says it plans to delay the bulk of its investment. Instead, Volvo is dividing the process into many steps, says Ulf Norman, chief of greater China operations for Volvo Truck, in a published report. The new, more cautious strategy provides the company with greater flexibility as the truck market ...

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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.