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Volvo reported a drop in third-quarter profit and a negative cash flow, citing difficult market conditions in North and South America that offset growth in Europe.
Volvo reported a drop in second-quarter profit, citing lower vehicle volumes and uncertainty among customers in the North American market.
Volvo's construction equipment unit is selling its majority stake in its Chinese joint venture, Shandong Lingong Construction Machinery Co., for 8 billion Swedish Kronor, marking a significant shift in its strategy for the country.
| 5 Oct 2012 |
| Volvo Buses consolidates manufacture of complete buses in Europe | 3 Oct 2012 |
| AB Volvo finalizes sale of Volvo Aero | 1 Oct 2012 |
| New number of votes in AB Volvo | 28 Sept 2012 |
| Volvo Group announces new trucks strategy to achieve targeted profitability improvement | 25 Sept 2012 |