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Volvo strips sero business focus on heavy commercial vehicles
Date:2012-07-16 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: Recently Volvo Group sold Volvo Aero to Britain GKN group for 0.98 billion USD. And their net debts will be five billion Swiss francs lesser.
CEO of Volvo Group stated that Volvo will focus on heavy-duty commercial vehicles by adjusting structures.
Volvo Group is the biggest industrial enterprise in Sweden producing trucks, buses, construction equipment, ships and aero industry.
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