On Monday, some media reported that the Dongfeng Volvo joint venture will be approved as soon as next month. Dongfeng Motor insiders said that Dongfeng's contact with Volvo has always existed, but it is still unknown when the joint venture was established.
In fact, the cooperation between Dongfeng and Volvo started as early as 2007, when Dongfeng and Nissan Diesel established a joint venture, and Volvo acquired most of Nissan Diesel's shares.
Dongfeng Volvo's joint venture company has not been established. The resistance lies in Nissan’s desire to divorce its commercial vehicle business from Dongfeng Limited. In response, Dongfeng Limited’s external propaganda department said that Dongfeng Commercial Vehicles are still under Dongfeng’s limited and future Dongfeng How Volvo will cooperate has not been determined.
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