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Chinese vehicle manufacturer
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AB Volvo Has Signed an Agreement with Dongfeng Motor Group to Acquire 45% of a Subsidiary
Feb 7, 2014On January 7, 2014 the National Development and Reform Commission (NDRC) in China gave its approval of the establishment of a joint venture between the Volvo Group and Dongfeng Motor Group Company Limited. Before completion of the ...
Tags: NDRC, DFCV, DFG, joint venture
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Volvo Group and Dongfeng Have Received Ndrc Approval for Joint Venture
Jan 26, 2014Swedish automotive manufacturer Volvo Group and Chinese Dongfeng Motor Group have received the National Development and Reform Commission (NDRC) approval for the establishment of a joint venture in China. The joint venture is subject to ...
Tags: Volvo, Joint Venture
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Faw Is Planning to Invest $1.146bn in Research and Development of Products
Mar 15, 2013Chinese vehicle manufacturer First Automobile Works (FAW) is planning to invest CNY7.2bn ($1.146bn) in research and development of products in 2013. The total investment by the company during the period of 2011 and 2015 will reach ...
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FAW Is Planning to Build New Truck Assembly Plant at Coega Idz in South Africa
Dec 4, 2012Chinese vehicle manufacturer First Automobile Works (FAW) is planning to build a new ZAR200m ($23.7m) vehicle and truck assembly plant in Coega Industrial Development Zone (IDZ) in South Africa. FAW has selected WBHO Construction as its ...
Tags: FAW, assembly plant, South Africa
