Volvo full year
Net sales for Volvo Group decreased 3% in 2016 to SEK301,914m/£27,414.99m (2015: SEK312,515m/£28,377.6m), according to its latest financial results. The company put the decrease down to the lower demand for vehicles in North America. Group operating income fell too, reaching SEK20,826m/£1,891.08m (2015: SEK23,318m/£2,117.37m). Deliveries of Volvo buses increased 8% to 9,553 units (2015: 8,825 units) […]