Dongfeng-Volvo headquarter may transfer to Hangzhou
Date:2012-04-05 Author:Mika Source:www.chinatrucks.com
www.chinatrucks.com: Dongfeng Commercial Vehicles Company will strip from Dongfeng Shares since July 1, and they are going to merge with Volvo. And they hold 55% and 45% for Dongfeng and Volvo respectively.
Although the production center will be still in Shiyan, Dongfeng administration may be transferred to Hangzhou.
Nissan Auto will withdraw funds from Dongfeng Shares, and Dongfeng will support nationalization of Renault and Infiniti. And Nissan sold billions of Yen.
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