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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.
| 11 Jun 2010 |
| Volvo to commence serial production of hybrid buses | 28 May 2010 |
| Order for 297 Volvo buses for Chile | 25 May 2010 |
| Truck deliveries in April 2010 | 19 May 2010 |
| New President of Volvo Business Services | 19 May 2010 |