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Volvo Posts $718 Million Loss on Falling Sales

Jul. 21, 2009
Swedish truck maker AB Volvo on Tuesday reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period.
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Volvo cars to cut 900 jobs

Volvo cars to cut 900 jobs

STOCKHOLM, Sweden, Sept. 12 (UPI) -- Swedish car company Volvo has announced it would layoff 900 workers, three months after it trimmed its workforce by 1,700.

Ford confirms plan to sell Volvo

DETROIT, July 26 (UPI) -- Ford has confirmed it may sell Volvo, its Swedish subsidiary, a move some say could come this year.

Volvo buys Nissan Diesel truck maker

TOKYO, Feb. 20 (UPI) -- Japanese truck maker Nissan Diesel Motor Co. said Tuesday it accepted a billion-dollar buyout from Sweden's Volvo Group.

Nissan, Volvo in Nordic joint venture

STOCKHOLM, Sweden, Oct. 27 (UPI) -- The Nordic subsidiary of Nissan Europe and the Scandinavian dealer network of Volvo Truck Corp. will jointly sell three Nissan trucks.

MAN prepares bid for Swedish rival

FRANKFURT, Germany, Sept. 13 (UPI) -- German truck maker MAN reportedly will offer to buy Swedish rival Scania, the Financial Times reported Wednesday.

Volvo to begin sales in India

GOTHENBURG, Sweden, June 28 (UPI) -- Volvo Car Corp. will begin selling cars in India during the last quarter of this year.

Volvo gets big stake in Nissan Diesel

TOKYO, March 21 (UPI) -- Swedish vehicle maker Volvo is paying $195 million for 13 percent of Nissan Diesel Motor.

U.S. investors buy Swedish firm for $1.2B

STOCKHOLM, Sweden, Dec. 5 (UPI) -- Two big U.S. buyout shops will pay about $1.2 billion for Swedish telecom Com Hem AB.

Orkla joins race for Swedish company

OSLO, Norway, Sept. 29 (UPI) -- Norway's Orkla Media is offering $179.6 million for Swedish media concern Centertidningar.

Volvo eyes Asian acquisition

SINGAPORE, Sept. 28 (UPI) -- Swedish automaker Volvo may make an acquisition in Asia to boost its market share, ChannelNewsAsia reported Tuesday.
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Snigdha Nandipati of San Diego wins Finals of the Scripps National Spelling Bee
View Caption
Snigdha Nandipati of San Diego, California watches confetti rain down as she wins the two-day Scripps National Spelling Bee championship, May 31, 2012, in National Harbor, Maryland. Nandipati successfully spelled the word .* guetapens *, meaning to lure or ambush. UPI/Mike Theiler