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COMMENT: Does Geely’s Volvo strategy signal a new era for trucking?

BY OLIVER DIXON: Geely’s Volvo buy-in gives it strength within one of the truck industry’s pre-eminent brands

It’s been a good run – just over 11 years – and, ultimately, it’s been a profitable one. Now, however, Cevian Capital is to sell its stake in AB Volvo for around €3.25bn (US$3.8bn) to Geely Holding Group and, as the door shuts on the long-running saga that has pitted activist against conglomerate, so another door opens for the truck OEM that promises no little intrigue….

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