News

Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
Geely Auto is set to make its entry into the UK passenger car market by establishing Geely Auto UK and starting new cars ...
BYD (Build Your Dreams) arrived in the UK two years ago and has become the fastest growing car brand. How has it achieved its ...
BYD (Build Your Dreams) arrived in the UK two years ago and has become the fastest growing car brand. How has it achieved its 'overnight success', and what will it do next to takeover the industry?
Since 2006, Volvo CE has held a majority stake in SDLG as a way to gain access to China’s domestic construction equipment market. The company said its investment and collaboration with LGG has ...
The roughly $839 million sale would allow the construction equipment giant to refocus its regional strategy as it expands operations across Europe and North America.
Volvo Construction Equipment is quitting its Chinese manufacturing joint venture and returning to direct distribution in ...
Volvo Group is divesting its 70% stake in Shandong Lingong Construction Machinery Co (SDLG) for 8 billion Swedish crowns, signaling a strategic shift away from China's mid-market. Simultaneously, ...
COPENHAGEN (Reuters) -Volvo Group on Tuesday said it would sell its 70% stake in China's Shandong Lingong Construction Machinery Co (SDLG) and buy its European construction equipment supplier ...
Following the sale, Volvo’s construction equipment business plans to concentrate on offering Volvo branded products and services in China. The company’s operations in China will continue to serve as a ...