Volvo To Produce Trucks in China in 2022

Volvo Trucks expects to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks in Taiyuan for local customers in China late next year. Volvo Trucks has agreed to acquire a subsidiary of China’s Jiangling Motors Co to produce trucks for the local market starting late next year. JMC Heavy Duty Vehicle Co, which includes a manufacturing site in Taiyuan, capital of North China’s Shanxi province, will be purchased for $120.4 million (780 million yuan), said the Swedish truck maker.
Source: China Daily Read The Article