Mumbai, July 29 -- L-R: Martin Lundstedt, President & CEO, Volvo Group and Masanori Katayama, Chairman & CEO, Isuzu Motors at the strategic agreement signing ceremony.
Japanese truck maker Isuzu Motors and Swedish auto major Volvo Group have signed a new strategic agreement that will support joint development by Isuzu Motors and UD Trucks of a common platform for medium-heavy-duty truck models for the Japanese and other Asian markets, utilising Volvo Group technology.
The announcement builds on the strategic partnership framework agreement originally established in October 2020. This long-term collaboration, set for a minimum duration of 20 years, takes up the possibilities and challenges of the logistics industry of the future, maximising...