Volvo in the process of divesting North Hauler mining truck stake

Volvo Group said recently that it has entered into an agreement to divest a Chinese subsidiary,

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which is holding 25.2% of the shares in the Chinese mining truck major Inner Mongolia North Hauler Joint Stock Co Ltd (NHL) for approximately SEK 0.9 billion.

The transaction is subject to regulatory approvals and Continue reading “Volvo in the process of divesting North Hauler mining truck stake”