SWEDEN: Volvo’s Q4 operating income plunges 83.9%
In the fourth quarter of 2012, Volvo Group's net sales declined to SEK71.8bn (US$11.32bn) from SEK86.5m in the corresponding period of the previous year, as a result of lower economic activity in many of its markets and a continued uncertainty about the future direction that made its customers more cautious.
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