Plant & Equipment News
  • Home
  • Sections
    • Earthmoving
    • Trucks
    • Lifting
    • Mining
    • Product Updates
    • Market Insights
    • Projects
  • Regional News
    • Middle East News
    • Africa News
    • Global News
  • Magazines
  • Videos
  • Marketplace
  • Exhibitions

Bauer Executes Specialist Foundation Engineering Works For Giza Station

June 13, 2025

New Gen Volvo Excavators Prove Their Performance In Field Tests

June 11, 2025

Daimler Truck, DHL And Hylane Form Partnership For Fully Electric Trucks

June 11, 2025

United Motors Supplies 100 Generac LED Tower Lights

June 11, 2025
Facebook Twitter Instagram LinkedIn
Plant & Equipment News
  • Home
  • EARTHMOVING
  • TRUCKS
  • LIFTING
  • MINING
  • PROJECTS
Plant & Equipment News
Home » Volvo Trucks Acquires Heavy-Duty Truck Manufacturing Operation In China
Global News

Volvo Trucks Acquires Heavy-Duty Truck Manufacturing Operation In China

By P&E StaffAugust 24, 20212 Mins Read
Facebook Twitter LinkedIn WhatsApp
Volvo Trucks Acquires Heavy-Duty Truck Manufacturing Operation In China

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 trucks in Taiyuan for customers in China from the end of 2022.

Volvo Trucks has been active in the Chinese market since 1934. During the last couple of years, the strong growth of logistics services, including e-commerce, has led to a surge in the sales of Volvo trucks in the country. In 2020, more than 4,500 heavy-duty Volvo trucks were imported and delivered to customers in China. In line with the long-term Volvo Group strategy, Volvo Trucks is therefore expanding its business operation in China.

“We are committed to shaping the future of sustainable transport solutions. With our long-standing presence in China, we are growing our sales, and we are expanding our strong network of sales and service points together with our private dealer partners. Over the last couple of years, we have seen a fast development of the logistics markets and an increasing demand for our premium trucks and services. To meet the demand from Chinese transport operators, the time is right for us to establish a regional value chain with our own heavy-duty truck manufacturing in China,” says Roger Alm, President Volvo Trucks.

The operations in Taiyuan will include stamping, welding, manufacturing of cabs, painting and the final assembly of Volvo trucks. After investment, within a few years, the plant will have the capacity to produce 15,000 Volvo trucks per year with the potential to increase the capacity further. 

The transaction is subject to customary closing conditions, including regulatory approvals.

featured Heavy-duty Truck Volvo Trucks

Related Posts

Daimler Truck, DHL And Hylane Form Partnership For Fully Electric Trucks

Global News June 11, 2025

XCMG Delivers 100 AI-Powered Electric Mining Trucks

Global News June 11, 2025

Zahid Tractor Introduces The All-New Volvo FH Aero Trucks In The Kingdom

Middle East News June 10, 2025

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Recent Posts
  • Bauer Executes Specialist Foundation Engineering Works For Giza Station
  • New Gen Volvo Excavators Prove Their Performance In Field Tests
  • Daimler Truck, DHL And Hylane Form Partnership For Fully Electric Trucks
  • United Motors Supplies 100 Generac LED Tower Lights
  • +971 4 5808020
  • [email protected]
LinkedIn Twitter Facebook Instagram YouTube

PlantAndEquipment.news provides recent industry news, product launches, and new machinery trends for the construction and transportation markets. With an emphasis in covering the Middle East and Africa, daily reports include the following segments: heavy equipment, trucks, cranes, spare parts, asphalt & concrete plants, material handling equipment and more.

On PlantAndEquipment.com, you will discover a leading digital marketplace to buy and sell heavy machinery vehicles, commercial vehicles, agricultural equipment, lifting equipment, and spare parts; a new and used machinery dealer directory; an auction calendar; and an exhibition calendar.

Copyright © 2025 P&E.
  • About Us
  • Terms & Conditions
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.