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Apr 23, 2014

TRUCKMAKERS NEWS * Sweden - Volvo´s

* Stockholm - Ukraine crisis spurs Volvo to postpone Russian deal. Truck maker retreats from plan to make Armored Personnel Carriers

(Photo: Military exercises at a shooting range in Desna, Chernihiv region on April 2, 2014 are aimed to prepare Ukrainian military forces to possible Russian agression) 
Stockholm,Sweden -The Wall Street Journal (USA), by CHRISTINA ZANDER and JOHN D. STOLL -April 8, 2014: -- Volvo AB delayed plans for a partnership with a Russian military-tank maker—a rare retreat by a European company amid the political standoff between the West and Russia over Ukraine... The Swedish truck maker said Tuesday that a tie-up planned with Russia's Uralvagonzavod OAO to make armored personnel carriers has been postponed... A Volvo spokeswoman cited an "uncertainty factor" surrounding tensions...

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