#union #iww #ows #occupy #p2 #p21 #tlot #tcot Volvo becomes world's largest truck manufacturer http://www.goteborgdaily.se/news/volvo-becomes-world-s-largest-truck-manufacturer Volvo AB will become the world’s largest manufacturer of heavy-duty trucks after acquiring 45 per cent in a new subsidiary of China's Dongfeng Motor Group. “This is a very exciting venture that will combine the best of two worlds, strengthening the positions of the Volvo Group and Dongfeng and offering excellent opportunities to both parties,” said Volvo’s President and CEO Olof Persson in a press statement. The new company is called Dongfeng Commercial Vehicles (DFCV), and it includes the major part of Dongfeng’s medium- and heavy-duty commercial vehicles business. “Combining Dongfeng’s strong domestic position an...