Volvo is recalling trucks to repair light-system flaw
Article Abstract:
AB Volvo is recalling 125,000 trucks sold in Canada, Mexico, and the US due to a lighting system problem. The primary switch in the system can lead to component overheating; Volvo will correct the problem with no charge to consumers. The truck models involved are Volvo VN, Volvo VT, and Volvo VHD.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Chinese car maker acquires rival, creating potent unit
Article Abstract:
China's state-owned Shanghai Automotive Industry Corp. has purchased the core auto assets of rival Yuejin Motor Group for approximately $286 mil. The deal is expected to strengthen Shanghai Automotive's position in the international vehicle market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Volvo to pay out $1.3 billion For Ingersoll-Rand road unit
Article Abstract:
AB Volvo of Sweden is to acquire the road construction unit of Ingersoll-Rand Co. of the United States for $1.3 billion. The purchase makes the truck maker the third largest construction-equipment manufacturer worldwide.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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