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Nissan Diesel was purchased by the Volvo Group in 2007, becoming a subsidiary. After the transaction between Nissan Motor and Volvo, Nissan Diesel's business relations with Nissan Motors continued as normal and the Nissan Diesel and UD brand names remained unchanged. Volvo also acquired the truck division of Renault in 2001.
In 2013 truck was the first UD product which was developed for export market which boost the Volvo's strategy to develop product for developing markets especially in Asia and Africa. UD Trucks formerly Nissan Diesel is a part of Volvo Group which gave Volvo steady grounds to develop Quester, a heavy-duty truck for the developing markets ...
In 2007, Volvo re-entered the segment through its purchase of UD Nissan Diesel. [12] [13] Alongside the Xpeditor product range, the Autocar trademark was sold in 2001 to Grand Vehicle Works LLC, [14] a Chicago-based private holding company that owned body manufacturer Union City Body Company (founded in 1898) and Workhorse Custom Chassis. [15]
Volvo Group took complete ownership of Nissan Diesel in 2007 to extend its presence in the Asian Pacific market. [10] [30] Renault sold 14.9% of their stake in AB Volvo in October 2010 (comprising 14.9% of the share capital and 3.8% of the voting rights) for €3.02 billion. This share sale left Renault with around 17.5% of Volvo's voting ...
Nissan Diesel Quon Quon cockpit 2017 UD Quon CW dump truck. The UD Quon (kana: UD・クオン) is a heavy-duty commercial vehicle produced by the Japanese manufacturer UD Trucks. Quon was originally developed by Nissan Diesel Corporation with the world first implementation of Selective catalytic reduction (SCR) system to an automobile. [2]
Volvo Cars has a long reputation as a maker of inline (or straight) engines. This list of Volvo engines gives an overview of available internal combustion engines. When Volvo started in 1927, they ordered their engines from the engine manufacturer Penta in Skövde. The first engine was the inline four-cylinder side valve 28 hp (21 kW) Type DA ...