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Volvo
2001 April: [car prices]. 2001 March: It seems that Volvo is to give up joint venture plans with Mitsubishi trucks, effectively being blocked by the latter's new boss, Daimler Chrysler. 2001 Jan': Volvo (trucks) and Mitsubishi are still in discussions about how much the former will pay for 19.9% of the latter's commercial vehicle operations; a deal first raised in late 1999. DaimlerChrysler got control of Mitsubishi Motors in 2000, and has its own very large commercial vehicle business, so this has become a very tough game. 2001: [car prices] 2000: Volvo (cars) is said to be working on a larger passenger 4WD code-named the P28, for release ~2003, to compete with the BMW X5 and the M.B. M-class. See the [ACC][1/'01] 2000 April 25: AB Volvo is to exchange 15% of its shares for 100% of Renault's truck business `Renault V.I. / Mack', forming the largest truck builder in Europe. 1999 January 29: Volvo agreed to sell its car-making division to Ford for us6.45 billion, if share-holders agree. |
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