Even allowing for non-recurring costs of SEK 0.7bn (US$111m) and the impact of forceful marketing activities to help clear inventory, the Volvo Group saw a very weak end to 2012, Q4 group revenue falling 17% year-on-year and operating profit in the industrial operations plummeting by 89%. Although the company successfully dropped Subscribe to Automotive World … Continued
Even allowing for non-recurring costs of SEK 0.7bn (US$111m) and the impact of forceful marketing activities to help clear inventory, the Volvo Group saw a very weak end to 2012, Q4 group revenue falling 17% year-on-year and operating profit in the industrial operations plummeting by 89%.
Although the company successfully dropped
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https://www.automotiveworld.com/articles/volvo-group-warns-of-difficult-start-to-2013/
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