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Cooperation between Volvo and Daimler finalized

» Published: October 28 2024

Cooperation between Volvo and Daimler finalized
Photo: Björn Larsson Rosvall/TT

The truck manufacturer AB Volvo and its German competitor Daimler Trucks have now finalized their plans for a joint venture.

The collaboration was presented already in May and concerns the development of software for heavy vehicles. The companies have now signed a binding agreement, according to a press release.

The companies remain competitors in all other areas.

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By TTThis article has been altered and translated by Sweden Herald
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