Volvo Group and Isuzu Motors Intend to Form Strategic Alliance

The Volvo Group and Isuzu Motors signed a non-binding Memorandum of Understanding on Dec. 18 with the intent to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing transformation of the industry. In a first step, the intention is to establish a global technology partnership and to create a stronger, combined heavy-duty truck business for Isuzu Motors and UD Trucks in Japan and across international markets....

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