Though the Ford Transit Connect may be a niche player in the North American market, the small van market is big business in Europe. According to Mercedes-Benz, it accounts for some 700,000 units annually, and that's a pie of which Daimler wouldn't mind getting a bigger slice. And so it has announced its new Citan.
Truckmaker Volvo AB announced earlier today that it has purchased a 13-percent interest in the Nissan Diesel Company from Nissan Motor Company. The $195 million dollar stake boosts the Swedish company'