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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.
| 2 Nov 2006 |
| Volvo: Volvo Truck Center Nordic starts distribution of N... | 27 Oct 2006 |
| Volvo: Volvo - nine months ended September 30, 2006 | 24 Oct 2006 |
| Volvo: ECAPS awarded development contract for environment... | 13 Jun 2005 |
| Volvo: Correction: AB Volvo repurchased 500,000 series B ... | 14 Feb 2005 |