Dongfeng Motor Group, Nissan Motor and Volvo deepen discussions on possible future cooperation
Communiqué de Volvo ___________________ Dongfeng Motor Group, Nissan Motor and Volvo deepen discussions on possible future cooperation Dongfeng Motor Group Company Limited (DFG), Nissan Motor and AB Volvo is now deepening discussions on a possible AB Volvo investment in the heavy and medium-duty commercial vehicle business currently included in the Chinese joint venture between DFG and Nissan Motor – Dongfeng Motor Co, Ltd (DFL). “We will now initiate more in-depth discussions about our possible future cooperation,” stated Xu Ping, Board Chairman of DFG and Jorma Halonen, Executive Vice President and Deputy CEO of AB Volvo. Nissan Motor will focus on passenger cars and light commercial vehicles and has divested its holding in Nissan Diesel to AB Volvo. Subsequently, DFG, Nissan Motor and AB Volvo initiated discussions at the end of last year with the Chinese authorities on the future possible cooperation of the parties. DFG intends to establish more competitive alliances with Nissan an