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Volvo (VOLVY.PK) saw its sales and profits plunge in Q4 with weak demand persistent in Europe....
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Wednesday, February 6, 6:44 AM ETVolvo (VOLVY.PK) saw its sales and profits plunge in Q4 with weak demand persistent in Europe. Sales fell 17% Y/Y to 71.8B kronor ($11.32B) and profits fell at the same rate to 793M kronor ($125M). The automaker's troubles crossed the pond as well, with orders in North America down 21% during the period.
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