Another consolidation among global truck makers is in the works. Sweden’s Volvo Group is selling its Japan-based UD Trucks business to Isuzu Motors, according to a joint Dec. 18 press release. The ...
Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in ...
The Volvo Group will sell its Japan-based UD Trucks group to Isuzu Motors as a first step in forming a global strategic alliance in commercial vehicles. The nonbinding memorandum of understanding ...
Isuzu Motors has acquired UD Trucks from the Volvo Group for $2.19 billion, on a cash and debt free basis, as a part of the strategic alliance between the commercial vehicles departments of the two ...
Isuzu Motors has completed the transaction to acquire Japan-based UD Trucks (formerly long known as Nissan Diesel) from the Volvo Group for approximately $2.2 billion. The transaction is estimated to ...
The Japan-based UD Trucks— formerly known as Nissan Diesel— makes medium- and heavy-duty trucks and produced the world’s first vehicle-based selective catalytic reduction (SCR) system for the Quon in ...
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