Included in Volvo's (VOLVY.PK) mostly upbeat earnings report, is an expected 15-25% drop in the...

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

Included in Volvo's (VOLVY.PK) mostly upbeat earnings report, is an expected 15-25% drop in the market for construction equipment in China. The company had previously guided for a flat 2012 in China. Volvo becomes the 3rd heavy equipment maker in 2 days to warn on slowing in China.