Volvo in $1.1bn Nissan purchase
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Swedish car firm Volvo is to buy Japan's Nissan Diesel Motor for $1.1bn, to expand in Asia.
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Volvo AB posted a 24 percent increase in fourth-quarter profit Friday as sales growth stalled for the world's second biggest truckmaker, missing analysts forecasts.
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Fonterra Cooperative Group Ltd., the world&#39;s biggest dairy exporter, said its A$1.34 billion ($1.01 billion) offer for the rest of National Foods Ltd.
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OAKVILLE, Ont. (CP) - Ford Canada&#39;s $1-billion expansion of its plant in Oakville, Ont., was promised $100 million each from the federal and provincial governments Friday, a deal that the automaker says will save jobs and boost the economy.
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To cut costs in its growing business, the IT services subsidiary of Swedish transport equipment company AB Volvo moved some work offshore in 2002 to MindTree Consulting, a software services company in Bangalore, India.
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The company said it is selling the unit to Standard Chartered for nearly $1.1 billion so it can focus on its core credit card business.
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LONDON, November 30  - Renault SA (RNL.FSE) announced its plans today of investing $573.1 million (600 billion won) over the next three years in Renault Samsung Motors, the companyâs South Korean affiliate.
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German industrial conglomerate MAN AG   MANG.DE will offer cash and shares to buy Scania AB SCVb.ST   in a bid that values the Swedish truckmaker at 9.6 billion   euros ($12.2 billion) in total, MAN said early on Monday.
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Magna International Inc., Canada&#39;s largest auto parts supplier, offered to buy out shares in three units for as much as C$1.3 billion ($1.
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If Ford decides to sell successful Swedish luxury unit Volvo, it could mean a lack of strong bids for its Jaguar and Land Rover units at a time when Ford is restructuring its North American operations, analysts said on Monday.
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World number-two truck maker Volvo  said on Monday deliveries of its trucks fell 10 percent in January through May as continuing weak U.S. demand was partly offset by the addition of its Nissan trucks.
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Low prices meet always low prices The dream of walking into a single store to purchase a messenger style diaper bag, an easy listening Piano Tribute to Coldplay CD, an engagement ring and a Dell computer for under $1,000 has become a reality.â¦
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Shares of Nissan Motor Co surged 12 percent on Monday, poised to post their biggest one-day rise in 7 years after Japan's No. 3 automaker posted a surprise gain in quarterly profit on a pick-up in global sales.
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SEOUL: Shares in Posco hit a lifetime high early on Friday, after Japanese carmaker Nissan Motor sought more steel shipments from the worldâs fifth-largest steel maker.
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Great Plains Energy has agreed to buy the crosstown utility operator Aquila for about $1.7 billion.
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The Swedish government will spend more than two billion kronor (282 million dollars, 222 million euros) to entice US car manufacturer General Motors to continue producing mid-size cars in southwestern Sweden, Swedish media reported.
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World number two truck maker Volvo  is selling its 28.7 percent stake in U.S. truck stop chain Petro Stopping Centers, yielding a capital gain of $46.3 million.