Truck News


Keyword
truck manufacturing


  • News Equipment

    China’s Geely Holding becomes largest Volvo shareholder

    December 28, 2017 1:21PM by Truck News

    STOCKHOLM, Sweden – China-based Geely Holding has purchased Cevian Capital’s stake in AB Volvo, becoming the largest shareholder by capital in the global truck maker. Cevian Capital’s co-founder, Christer Gardell, said: “Today’s announcement concludes over 11 years’ ownership in AB Volvo

  • News Equipment

    Chats about truck industry’s future preceded VW, Navistar deal

    September 22, 2016 4:40AM by James Menzies

    HANOVER, Germany — Discussions between Navistar and Volkswagen, which recently led to the formation of a strategic alliance between the two truck makers, began in March and initially focused on the future of the trucking industry as a whole. That,