According to the British "Financial Times" reported that the world’s second largest truck maker Volvo AB of Sweden on the 20th in its written statement that will be in Japan, China, Russia and other places to carry out a series of acquisitions to expand the company’s productssaid its chief executive officer, the company established for the completion of 10 percent growth target for the year, Volvo plans to launch a global scale a number of acquisitions, "we are discussing the expansion of their business in China." Reported that the The company is now and the Chinese truck maker Dongfeng Motor Corporation to discuss cooperation matters.

In this regard, "Daily Economic News" reporter yesterday to call Volvo Trucks (China) Limited. According to its Public Relations said that about "Volvo and Dongfeng cooperation", in China there is no further news. After multi-Journalist confirmation, "Financial Times" in the alleged cooperation with Dongfeng Motor Corporation protagonist is AB Volvo’s holding enterprises --- Renault Trucks company. Renault and Dongfeng cooperation regarding the news of the news since 2002 has been constant, this timewhether Renault and Dongfeng indicates that "almost a good thing"? Journalist also connect Renault Trucks, the PR person in charge said that the capital co-operation matters to Volvo news delivery.

Trade said that Renault and Dongfeng cooperation origins began in 2000. In 2004, Dongfeng Motor and Renault in France signed a cooperation agreement for commercial vehicles, according to the agreement, both parties will Dongfeng Liu steam reorganization, the establishment of joint ventures, and to introduce the production of Renault "KERAX" models. But 2 years later, Renault and Dongfeng’s "marriage" is still the "thunder do, it does not rain."

Dongfeng Commercial Vehicle Company, a senior said, "Automobile Industry Development Policy" in respect of the same foreign investors can only set up two in the domestic production of similar products, the joint venture vehicle restrictions are steam Liu Dongfeng joint venture with Renault Trucks has Can not "landing" of the underlying causes. Because of the Volvo Group in China has Sunwin, Sivori two passenger car joint ventures and Wo-hua, a truck joint venture in the existing structure, its subsidiary Renault Trucks is obviously no longer be able to set up joint ventures in China.

According to the source, with the Volvo China accelerated the pace of development, the shelving near 3-year project emerged Dongfeng Renault dawn. "Dongfeng-Renault project lies in communication and the government and receive government permission, more optimistic about the current situation, but how to bypass the policy of the bottleneck or a mystery. Dongfeng Renault perhaps only after the project formally approved, we can be answer. "

It is learned that the joint venture may be the fastest prospect of a solution before the end of the year, and Renault are the co-operation is still possible Dongfeng Liu steam Limited. If the Renault project can succeed, for the Volvo truck market in China, the layout is a big step forward.