Financial Event
Volvo Group - Report on 2008 operations
Volvo Group - Report on 2008 operations was published on February 6, 2009.
We were successful in the efforts to reduce our inventory. During the fourth quarter, our new truck inventory decreased by 13% and new construction vehicles by 19%, which contributed to reducing capital tied-up in inventory by approximately SEK 6 billion.
-Leif Johansson, CEO