China | Mergers & Acquisitions Volvo Trucks terminates plan to acquire JMC heavy-duty truck subsidiary By Bradley Osborne – 16th May 2023 Volvo Trucks announced back in late 2021 that it would acquire JMC Heavy Duty Vehicle Co Ltd and its manufacturing facility in Taiyuan, Shanxi from Jiangling Motors Corporation.
China | Mergers & Acquisitions Volvo to acquire JMC heavy-duty truck division and manufacturing facility from Jiangling Motors in China By Bradley Osborne – 23rd August 2021 Volvo Trucks plans to produce up to 15,000 FH, FM and FMX trucks at the JMC facility in Taiyuan from the end of 2022 onwards.