Where now for Volvo and Dongfeng?

Observers are watching with interest, now that Volvo's 45 per cent stakeholding in Dongfeng Commercial Vehicles Co. Ltd. is official, to what extent the Swedish company will be able to influence senior executives in the Chinese truck maker, which has been in business since 1969.

The more so since Cummins Inc. of the US and Dongfeng have a 50-50 joint venture company, Dongfeng Cummins Engine Co. Ltd. Also Knorr-Bremse Commercial Vehicle Systems is expanding in China by taking a 51 per cent stake in Dongfeng Electronic & Technology Co. Ltd to make parts for commercial braking systems.