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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.
| 31 Jan 2008 |
| Gripen surpasses 100,000 flight hours. Volvo Aero's engine safest in the world | 31 Jan 2008 |
| Nova Bus secures order for 141 hybrid buses to Vancouver | 28 Jan 2008 |
| Volvo Group launches new domain names | 28 Jan 2008 |
| Issue of bond loan | 24 Jan 2008 |