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Volvo Trucks to acquire JMC Heavy Duty Vehicle, China
On August 23, Volvo Truck announced that it will acquire JMC Heavy Duty Vehicle Co., Ltd., a subsidiary of Jiangling Motors Co., Ltd. This includes a manufacturing site in Taiyuan in Shanxi province in China, for an amount of RMB 800 million.
The objective of this acquisition is to start production of the new heavy....
The objective of this acquisition is to start production of the new heavy....
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