UPDATE 1-Volvo cuts production as truck shipments slip


* Shipments to North America down 27 percent in November * European shipments down 13 percent * Says cuts Volvo-branded output in North America * Shares down 0.8 percent (Adds background, detail) STOCKHOLM, Dec 19 (Reuters) - Swedish group Volvo , the world's second-biggest truckmaker, is scaling back production in North America after tough economic conditions saw its truck shipments fall 15 percent in November. ...

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