Daimler Trucks and Volvo Group establish Coretura joint venture

After signing a joint venture agreement last year, Daimler Trucks and Volvo Group announced the official establishment of the joint venture company Coretura on June 17. The joint venture will be committed to promoting the transformation of the commercial vehicle industry through a software-defined vehicle platform and establishing new industry standards. Coretura will provide differentiated digital vehicle applications for Daimler Trucks, Volvo Group and their customers.