In the first quarter of 2015 the effects of the Volvo Group’s strategic efficiency-improvement program continued to generate results. In several areas of the Cluster margins were improved, despite a negative market mix with significantly lower volumes in Brazil for trucks and in China. Volvo Trucks, which also announced Wednesday a change of leadership, reported first quarter net sales of $65.6 billion with truck order intake increasing by 3 percent. 2015 is the year in which we will see the combined effects of the product launches carried out in 2013 and the cost reductions that were implemented in 2014.
Source: Autobei
Source: Autobei
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