Home Truckmaker Volvo posts 4Q loss of $364 million as demand for construction equipment weakens
 

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Truckmaker Volvo posts 4Q loss of $364 million as demand for construction equipment weakens

2015-02-05 14:25:07| Automakers - Topix.net

Swedish truck maker AB Volvo has posted a fourth-quarter loss of 3 billion kronor , compared with a 548 million-kronor surplus last year, in the face of weak demand for construction equipment. The Goteborg-based company says sales in the last three months of 2014 rose slightly to 77.5 billion kronor from 76.6 billion kronor in the same period last year.

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