NEW YORK, Feb 20 (Reuters) - Fitch Ratings on Tuesday changed its outlook on Volvo to negative from stable, citing increased risk the company will make further acquisitions after the truck manufacturer said it would purchase Nissan Diesel. The Swedish truck maker said on Tuesday it would take over Nissan Diesel Motor for $1.1 billion, seeking to grow in Asia and capitalize on the Japanese firm's expertise in hybrid technology. For details, see [ID:nT17714]. "Volvo enjoys a strong credit ...
Premium Content (PAID Subscription Required)
"Volvo outlook now negative, was stable - Fitch" 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