Truckmaker Volvo hit by US and European downturn

Truck and busmaker Volvo has blamed weak US and European trading for a fourth-quarter loss.

Truckmaker Volvo hit by US and European downturn
Fri, 08 Feb, 2002 - 10:25

Truck and busmaker Volvo has blamed weak US and European trading for a fourth-quarter loss.

It has posted a €52.7m net loss, compared with a €128.8m profit last time.

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