Volvo Group Trucks announces 29% drop in profits
October 21, 2024
Volvo Group, the Swedish manufacturer of Volvo Trucks, Renault Trucks, and Mack Trucks, has announced a hefty profit drop for the third quarter of this year. Due to slowing demand in the freight and construction segments, the forecasts for 2025 are also not very optimistic. Volvo Group earned an adjusted operational profit of 14.1 billion […]