Volvo sees N.America mkt bottoming out

Newswire

STOCKHOLM, July 23 (Reuters) - Trucks maker AB Volvo posted in-line pre-tax profits for the second quarter on Tuesday and said the North American truck market was no longer falling. "The increased order intake in the North American truck market during the second quarter is an encouraging sign that the market has now bottomed out," Volvo, the world's second-largest heavy truck maker, said in a statement. Pre-tax profit of the group, which also makes construction, marine and aerospace ...

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