Second quarter 2009

Volvo Group - Report on first six months 2009 was published on July 21, 2009.
Second quarter 2009

For the Volvo Group, the second quarter of 2009 remained difficult in terms of earnings in the wake of the exceptionally rapid decline in demand that followed the crisis in the financial system. We were, however, successful in reducing our inventories, which contributed to a positive development in working capital.

-Leif Johansson, President and CEO