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NewsJanuary 30, 2013

Volvo Inks Strategic Alliance with Chinese Company Dongfeng Motor Group

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45 percent of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV).

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NewsJanuary 30, 2013

Zambia Rejects Toyota-CFAO Merger

A Zambian government regulator has rejected a proposed merger of Japanese conglomerate Toyota Tsusho Corp and France's CFAO, saying on Monday it would lessen competition in the local car market, according to a Reuters report.

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NewsJanuary 30, 2013

Datsun to Return Brand to India & Indonesia in 2014

Datsun vehicle sales will commence in India and Indonesia in 2014. It will also enter the Russian market.

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NewsJanuary 30, 2013

AssetWorks to Expand Product Offerings Through Acquisition of Canada's Mentor Engineering

AssetWorks announced its sister company, Trapeze Group has entered into an asset purchase agreement to acquire Mentor Engineering Inc. of Calgary, Alberta, Canada.

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NewsJanuary 30, 2013

UK's Vanliners to Convert Fleet for Hyndburn Borough Council

Bolton, UK-based Vanliners announced its first fleet conversion contract for 2013, Hyndburn Borough Council. Vanliners will be converting the existing fleet and fitting the vehicles for a range of different departments.

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NewsJanuary 30, 2013

UAE's Gargash Enterprises Switches Fleet to Biodiesel

Gargash Enterprises has pledged support to HH Shaikh Mohammed’s "UAE Strategy for Green Development" campaign with the introduction of the first new commercial vehicle in the UAE running on biodiesel to reduce carbon emissions.

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NewsJanuary 30, 2013

Group 1 Enters into Deal to Acquire Dealer Group in Brazil

Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced that it has entered into a definitive agreement to purchase 100 percent of the outstanding shares of UAB Motors Participacoes S.A., one of Brazil's largest automotive retailers.

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NewsJanuary 30, 2013

Chevrolet's Find New Roads Campaign Aims to Grow Brand Globally

As Chevrolet continues to expand its global operations it is aligning its engineering, design, and retail operations behind a single vision and communications platform – Find New Roads.

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NewsJanuary 30, 2013

European Commercial Registrations Continued Downward Trend in December

In December 2012, new commercial vehicle registrations continued the downward trend which prevailed throughout 2012, amounting to 125,825 units, according to data from the European Automobile Manufacturers’ Association.

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NewsJanuary 30, 2013

Overview: Indian Fleet Market

The Indian economy has been experiencing dramatic growth. “But, what is impressive is that 95 percent of the growth in India is due to internal growth,” said John Carter, managing director for ORIX Australia & New Zealand. “It is almost all internal growth.”

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