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Volvo: 35 million red, revenues -25%

Volvo closed the first quarter with disappointing results: net loss from 35 million and revenue down 25% to 6,8 billion – Sales at the lowest level since 2009.

Volvo: 35 million red, revenues -25%

The first quarter of 2013 of the Volvo group goes on file, which recorded a net loss of 35,3 million. The Swedish company pays for the crisis in the automotive sector, with the volume of sales slipping to the lowest level since 2009.

Turnover was also down, down 25% to 6,8 billion euro.

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