Volvo Group - Report on first nine months 2009 was published on October 23, 2009.
Although the third quarter remained, as expected, challenging in terms of profitability, there are some positive signs indicating that the decline in demand has bottomed out and that we are now beginning a gradual recovery. These signs are the most obvious in the Group’s second largest region in terms of sales, Asia, where the economic growth is also reflected in demand for the Group’s products.
-Leif Johansson, President and CEO
Analyst tele conference