Isuzu to buy Volvo's UD Trucks in electric tech tieup

Isuzu to buy Volvo's UD Trucks in electric tech tieup

4 years ago
Anonymous $9ruWwTnhZq

https://www.reuters.com/article/us-isuzu-motors-volvo/isuzu-to-buy-volvos-ud-trucks-in-electric-tech-tieup-idUSKBN1YM0FK

Japan's Isuzu Motors will buy Volvo AB's UD Trucks business, which has an enterprise value of $2.3 billion, and tie up with the Swedish firm to cut costs and develop electric and self-driving technologies.