AB Volvo expects its fourth-quarter truck sales to rise year-on-year, chief executive Leif Johansson said on Tuesday, according to Reuters.
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“The last quarter of the year will show stronger truck sales compared with the fourth quarter of last year,” Johansson reportedly told journalists at a press day in Gothenburg.
He reportedly added, however, that this was not thanks to a boom in the economic cycle but to weaker comparative figures in October-December last year when the company started producing new models.
Volvo in late July said market conditions were starting to stabilise, Reuters added.
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