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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 Sept 2008 |
| Truck deliveries August 2008 | 17 Sept 2008 |
| Changes in Volvo's Group Executive Committee | 15 Sept 2008 |
| Volvo Group to coordinate broad cooperation on sustainable biofuels | 9 Sept 2008 |
| Volvo IT begins partnership with IBS | 3 Sept 2008 |