Volvo might be in for long wait with Dongfeng JV

Newswire

BRUSSELS, Nov 22 (Reuters) - Swedish industrial group Volvo AB could have to wait years before it can begin manufacturing heavy trucks in China together with potential joint venture partner Dongfeng Motor Group Co Ltd . "We are 90 percent through with our discussions," Volvo Deputy Chief Executive Jorma Halonen told Reuters in Brussels on Thursday, adding though that progress in talks was not the only factor affecting its timetable. When asked when the joint venture could be finalised, ...

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