STOCKHOLM: Sweden's Volvo, the world's second-largest maker of trucks, said on Friday, 24 October, it saw a spike in profits in the third quarter, boosted by thriving sales in the US and Japanese markets.
28 Oct 2014
STOCKHOLM, SWEDEN - Swedish truck maker Volvo is cutting 2,400 jobs in addition to 2,000 cuts the group announced in October, in a move aimed at boosting falling profitability.
8 Feb 2014
STOCKHOLM, SWEDEN - Saab cars will roll off the production line in Sweden two years after the former General Motors subsidiary filed for bankruptcy.
2 Dec 2013
STOCKHOLM, SWEDEN: Swedish industrial heavyweights Volvo trucks and Electrolux announced a total of 4,000 job cuts around the world on Friday when they published disappointing figures for the third quarter.
28 Oct 2013
STOCKHOLM, SWEDEN: Swedish heavy truck and construction equipment manufacturer Volvo last week reported a quarterly loss as sales plummeted to their lowest since the start of Europe's financial crisis.
29 Apr 2013