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Volvo Earnings Beat on Pent-Up Truck Demand, Managing Costs

Volvo Earnings Beat on Pent-Up Truck Demand, Managing Costs
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Volvo Falls After Outlining Truck Output Cut on Lower Demand

(Bloomberg) Volvo AB declined after saying the truckmaker will gradually reduce production to move in line with normalizing demand following years of supply-chain disruptions that left manufacturers with record order banks.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageUS Extends Lead Over China in Race for World’s Biggest EconomyTesla Sinks After Warning About ‘Notably Lower’ Growth RateJPMorgan Shuffles Top Managers as Jamie Dimon Prepares Successors“The

Board chairman at Mack Truck parent to step down

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