Weak market impacts Volvo
Low sales volumes in a weak market impacted profitability for Volvo Buses in the third quarter of 2013. Net sales decreased by 9% to £361.7m/SEK3,705m (Q3 2012: £398.9m/SEK4,076m). Order intake in the period improved and totalled 2,780 buses, which was 41% higher than the same period last year. Volvo Buses reported an operating loss of […]