Isuzu Motors<\/a> has acquired UD Trucks from the Volvo Group<\/a> for $2.19 billion, on a cash and debt free basis, as a part of the strategic alliance between the commercial vehicles departments of the two groups. The strategic alliance, aiming to capture opportunities in the ongoing industry transformation, will now also become operational.<\/p>\n The transaction is estimated to have a positive impact on the Volvo Group\u2019s operating income in the second quarter 2021 of close to $229 million and increase Volvo Group\u2019s net cash position by approximately $2.1 billion.<\/p>\n The alliance between the Swedish and Japanese companies aims to build a \u201clong-term and robust relationship,\u201d according to\u00a0Volvo. The OEMs are forming a technology partnership intended to leverage each company\u2019s areas of expertise within both well-known and new technologies and creating a more extensive volume base to support investments for world-class technology.<\/p>\n Volvo and Isuzu will establish a Joint Alliance Office, with facilities both in Japan and Sweden, which will be overseen by an Alliance Board comprising the Isuzu Motors President, the Volvo Group CEO and other key executives from the two groups. The Alliance \u2013 which will have a minimum duration of 20 years \u2013 is intended to address possibilities and challenges of the logistics industry of the future.<\/p>\n If UD Trucks performs well, Isuzu is to pay Volvo Trucks up to $135.5 million during 2021-2023 as an earnout subject.<\/p>\n<\/div>\n <\/p>\n Source: https:\/\/www.fleetowner.com\/<\/a><\/span><\/p>\n The strategic alliance between both companies \u2014 which will have a minimum duration of 20 years \u2014 is intended to address possibilities and challenges of the logistics industry of the future. Isuzu Motors has acquired UD Trucks from the Volvo Group for $2.19 billion, on a cash and debt free basis, as a part of…<\/p>\n","protected":false},"author":3,"featured_media":10515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[379],"_links":{"self":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts\/10514"}],"collection":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/comments?post=10514"}],"version-history":[{"count":2,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts\/10514\/revisions"}],"predecessor-version":[{"id":10531,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/posts\/10514\/revisions\/10531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/media\/10515"}],"wp:attachment":[{"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/media?parent=10514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/categories?post=10514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-json\/wp\/v2\/tags?post=10514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Alliance is now entering the next phase with focuses on:<\/h3>\n
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CUT COTS OF THE FLEET WITH OUR AUDIT PROGRAM<\/strong><\/a><\/h3>\n
![\"\"](\"https:\/\/advancedfleetmanagementconsulting.com\/eng\/wp-content\/uploads\/sites\/3\/2020\/04\/nueva-ley-auditoria.jpg\")
<\/a>The audit is a key tool to know the overall status and provide the analysis, the assessment, the advice, the suggestions and the actions to take in order to cut costs and increase the efficiency and efficacy of the fleet. We propose the following fleet management audit.<\/p>\nFLEET MANAGEMENT AUDIT<\/strong><\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"