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Daimler Truck and Volvo Group to form JV for heavy-duty vehicle platform
  • The companies plan to be equal partners in the venture, with a 50/50 ownership split.
  • The joint venture will operate independently, focusing solely on developing the innovative vehicle platform.
  • Both Volvo Group and Daimler Truck will continue to compete in all other areas of their businesses.
May 17, 2024

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