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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 Dec 2007 |
| Volvo Aero acquires composite company to develop lighter aircraft engines | 11 Dec 2007 |
| Volvo signs letter of intent with Indian vehicle manufacturer Eicher | 10 Dec 2007 |
| AB Volvo files for delisting from NASDAQ | 3 Dec 2007 |
| Clinton Climate Initiative supports Volvo's environmental alternatives | 3 Dec 2007 |