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Feb 16, 2015

TRUCKMAKERS NEWS * Sweden / China: Volvo & Dongfeng

* Volvo muscles in Chinese truck industry 

 -- "Riding the east wind" is an ancient Chinese saying about seizing the momentum of natural forces to make further inroads... It also might sum up Swedish truck maker Volvo Group's investment in Dongfeng Group (DFG), China's biggest player in the world's largest truck market. Dongfeng literally translates as "east wind" ... The deal, after 9 years of negotiations, was finalized last month when Volvo Group bought 45 percent of a subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV) for 5.5 billion yuan (US$885 million)... The deal comes as China's heavy-duty vehicle market shows signs of flattening. Does that mean the new joint venture is an "ill wind that blows nobody any good?" ... (Photo: Dongfeng Commercial Vehicles ) - Shanghai,China - The Shanghai Daily, by Qin Dexing -15 Feb 2015

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posted by Unknown @ 7:42 AM 

1 Comments:

Blogger Unknown said...

It adopts the project management method and international advanced product development in the research and development process. Dongfeng Tianjin is the masterpieces launched by Dongfeng commercial vehicle company. It adopts many advanced technologies in R & D process, such as cab seal design, engine electronic control common rail technology, frame hole standard design, chassis tube bundle design, etc.. Among them, frame hole standard and chassis tube bundle belong to the domestic initiative, which will facilitate the modification, reduce the cost and improve the product of the systematization.

4:59 AM  

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