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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.
| 18 Jan 2011 |
| Truck deliveries in November 2010 | 15 Dec 2010 |
| Volvo IT delivers world-class IT platform for Volvo Ocean Race | 10 Dec 2010 |
| Volvo Group contributes to carbon-neutral airports | 9 Dec 2010 |
| Volvo President and CEO Leif Johansson to resign in the summer of 2011 | 8 Dec 2010 |