SWEDEN: Volvo asks European Union for more time to sell Scania stake - reports
Volvo AB has asked the European Union Commission for more time to dispose of its large stake in rival Swedish truck maker Scania AB, a Volvo spokesman told Volvo spokesman Maarten Wikforss on Thursday, though he reportedly declined to comment on the details. Dow Jones said Swedish daily Dagens Industri reported that Volvo has asked the commission to extend its April 2004 deadline by a year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable