
Business / Corporate Dec 19, 2019
Isuzu to buy Japanese truck unit from Volvo in $2.3 billion deal
Volvo Group has agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in the global automotive industry. UD Trucks, based in Saitama, ...