The FINANCIAL — Volvo Group reported that deliveries from its truck operations in October 2015 amounted to 20,193 vehicles, an increase of 2% compared with the year-earlier month, according to Nasdaq.
In October 2015, truck deliveries rose by 15% in Europe and by 6% in North America. On the other hand, deliveries decreased by 31% in South America and by 3% in Asia.
Volvo said that production in North America will be adjusted as a consequence of lower demand and high inventories in the distribution channel.
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