Volvo sees red-hot demand in North America

|About: Volvo AB ADR B (VOLVY)|By:, SA News Editor

Volvo (VOLVY) reports October truck deliveries rose 13% Y/Y to 20,987.

The truck maker says sales in North America increased 47% during the period.

Due to a forecast for weak demand in Europe in 2014, Volvo plans to trim production on the continent.