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Volvo (VOLVY.PK) saw its sales and profits plunge in Q4 with weak demand persistent in Europe....

Volvo (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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