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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.
| 26 Jun 2009 |
| Heavy trucks of the future will be super-light | 24 Jun 2009 |
| Volvo Group begins selling trucks that meet EPA2010 emissions standards | 23 Jun 2009 |
| Susan Solomon wins the Volvo Environment Prize for 2009 - delivering findings on ozone layer depletion and prominent on the UN climate panel | 23 Jun 2009 |
| Volvo Group launches new program for cooperation with universities and colleges | 22 Jun 2009 |