Volvo Bus India has reached an agreement with its joint venture partner Azad Group to buy its entire 30% stake in the JV. The buyout will take Volvo Bus' stake in the Indian JV from 70% at present to 100%. Azad Group has been the OEM's partner since 2008. Citing Volvo Bus Subscribe to Automotive … Continued
Volvo Bus India has reached an agreement with its joint venture partner Azad Group to buy its entire 30% stake in the JV.
The buyout will take Volvo Bus' stake in the Indian JV from 70% at present to 100%. Azad Group has been the OEM's partner since 2008.
Citing Volvo Bus
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https://www.automotiveworld.com/articles/85012-india-volvo-bus-buys-out-jv-partner/
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