A Thai distributor demand for trucks from the Volvo Group Sweden for 10.5 billion baht (241 million euros, 324 million dollars) in damages for wrongful termination of two contracts. Nissan Diesel in Thailand, a provider of trucks made ??by Volvo Trucks UD subsidiary had filed suit against Volvo in Thailand, Pär Aronsson, a Swedish company spokesman told AFP, without giving any other details.
“This is an ongoing case and we can not comment, ” he said. Volvo Annual Report said that Nissan Diesel Thailand has filed a lawsuit against the company last November and three of his employees, saying their actions led to UD trucks “for ending two illegal agreements” with the dealer. “Volvo believes that the applicant’s claim is unfounded, “the annual report.
Aronsson said he was “very common”, as agreements with distributors “have been completed after making a purchase, in this case, after (in 2007) bought Nissan Diesel, which has since changed its name in the UD Trucks . Nissan Diesel in Thailand is a wholly owned subsidiary of International based in Singapore, Tan Chong.