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Volvo Group prepares for 2020 slump as truck orders slow in North America, Europe

On October 18, Volvo announced orders for heavy trucks in the third quarter of 2019 slumped 45% from the same period in 2018, deepening a drop seen in the second quarter compared to a year earlier.
For 2020, Volvo expects the North American market to decline by 29% and Europe by 14%, after fulfilling above-average de....

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