Automotive Financial Group Automotive Financial Group Automotive Financial Group (normally styled as AFG) was a British company specialising in automotive retailing, and the sale of associated products and services. The company was founded by the Austro Hungarian businessman Octav Botnar, as an extension of his successful Nissan import and distribution company "Nissan UK". Botnar had successfully built up a successful business since 1970, importing and marketing cars of the Datsun/Nissan within Britain, eventually attaining a 6% overall market share by 1980, to the point where the United Kingdom was the only export market where Nissan outsold its arch rival Toyota. Botnar had achieved
Dongfeng Motor Corporation the transaction, Volvo will pay 5.6 billion yuan (US$900 million) to Dongfeng, which will pay Nissan Motors to replace it with Volvo in an existing commercial vehicle joint venture. It's unclear if the vehicles produced will be sold under the Volvo brand as a smaller, pre-existing Volvo-Dongfeng joint venture markets and assembles products with a "UD" brand and the Dongfeng brand name is traditionally used on commercial vehicles. A Nissan joint venture engine production base in Shiyan, Hubei province, was producing diesel engines c. 2010, and it is possible this location was one asset of the former Nissan joint venture