个人收集：Commerical Vehicle News20130513-0517.docVIP

Commerical Vehicle News EU green lights Volvo and Dongfeng merger The European Commission approved on Wednesday a tie-up between Swedens Volvo Trucks and Chinas Dongfeng Motor which will create the worlds biggest truck maker ahead of Germanys Daimler, AFP reported on May 14. Under the deal, worth $900 million, Volvo Trucks will acquire a 45-percent stake in the Chinese companys Dongfeng Commercial Vehicles (DFCV) unit, giving it effective joint control with Dongfeng Motor. Volvo is currently ranked third behind Dongfeng and Daimler but the tie-up will give the venture top spot. In 2011 Volvo produced 180,000 units, 6,000 fewer than Dongfeng, but a large part of the Chinese firms production will pass to the new subsidiary. Another Chinese automaker, Geely, owns Volvo Cars, bought from Ford Motor in 2010, but it has struggled to boost profits as the brands market share has fallen. Taiwan: China Motor forecasts 4% drop for commercial cars China Motor Corp, which distributes Mitsubishi sedans and own-brand CMC commercial vehicles, expects the commercial car segment to shrink 4 percent to 10,000 units this year in Taiwan amid economic uncertainty, Taipei Times reported on May 9. Sales of commercial vehicles are highly sensitive to economic conditions, China Motor president Liu Hsin-tai said at a press conference yesterday. In 2008, many businesses sold their commercial vehicles because of dire economic prospects. Last year, local sales of commercial vehicles weighing less than 3.5 tonnes totaled 10,400 units, accounting for 90 percent of total sales. In addition to a gloomy economy, China Motor is undergoing a transition because the company plans to meet a higher environmental standards for its commercial cars, which will increase its production costs and car prices. The new generation of the Mitsubishi Fuso Canter, launched yesterday, is about 22 percent more expensive than its previous version, the company said. Liu said the company aims to acquire 70 percent of the m