Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle Co, Ltd, a subsidiary of Jiangling Motors Co, Ltd, which includes a manufacturing site in Taiyuan, Shanxi province, China, for an amount of RMB 0 8 billion (approximately SEK 1 1 billion) The objective is to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX
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