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Monday, 22 October 2012

Dongfeng peer expansion joint hand Volvo Hangzhou truck capacity to start

Dongfeng peer expansion joint hand Volvo Hangzhou truck capacity to start
Previously Dongfeng Nissan Diesel joint venture directly into the commercial vehicle joint venture Dongfeng and Volvo. With the deepening of cooperation, the two sides are a substantial expansion of Hangzhou base after its production capacity will increase substantially.
Recently, the Volvo Group vice president Jiang Lan told reporters, "We been there and Dongfeng cooperation ah," 1996, the joint venture of Dongfeng Nissan Diesel had been set up in Hangzhou, Nissan Diesel over acquisition of Volvo Group from Nissan Motor Company in 2007, and was renamed in 2010 as Japan's excellent Decca Motor Company. After this, its joint venture in China, naturally, no longer with Nissan relationship in favor of Dongfeng commercial vehicle and the Volvo Group's joint venture company, while the heavy truck products still follow the original brand "excellent Di lion.
Dongfeng and Volvo is a joint venture, the two sides share ratio of 50:50. No other Volvo Group's truck brands introduced, nor any plans to come out. However being Dongfeng Volvo Volvo capacity expansion the original Hangzhou factory moved to Hangzhou Xiaoshan District. In addition to the product technology, Volvo is marketing management philosophy into a joint venture.
December 2011, Dongfeng and Volvo finalized a joint venture company established in 2012, when the convention Dongfeng shares 55%, 45% in Volvo. Third party as the key to bring it, Nissan will be comprehensive divestment from Dongfeng field of commercial vehicles, heavy truck, Dongfeng Renault and Infiniti successive domestic return.

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