Thursday, March 23, 2006

Volvo buys stake in Nissan

A couple of weeks ago, I was speaking with some other local Nissan types about an article I had read online that said that Nissan was looking to get into the cargo van market, based on the Titan pick up. Now, Autoblog has reported that Volvo has purchased a portion of Nissan Diesel that sells diesel trucks in Asia, with an option to buy more later.
For years, business consumers have had to put up with poorly designed boxes that have terrible seating, because that's all that has been offered by the Big 3. Lately of course, the Dodge Sprinter has offered a bit of euro flavour as an alternative, but at a serious price premium. If this Nissan & Volvo combo actually comes to North American, at a competitive price, they might actually kick some serious butt in the cargo van market.

1 Comments:

Anonymous diesel performance fanatic said...

Volvo probably forsees the increasing demand for vehicles with diesel performance systems!

10:39 PM  

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