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post #1 of 7 (permalink) Old 10-31-2008, 04:48 AM Thread Starter
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Econ news from Volvo

http://www.bloomberg.com/apps/news?p...d=a7AhRhE4NJlM

Quote:
In the third quarter of 2007, Volvo AB booked 41,970 European orders for new trucks. Guess how many prospective purchases Volvo, the world's second-biggest maker of heavy rigs, received in the third quarter of this year?

Here's a clue. Picture a highway gridlocked by 41,815 abandoned trucks -- because Volvo's order book got destroyed to the tune of 99.63 percent, with customers signing up for just 155 vehicles in the three-month period, the Gothenburg, Sweden-based company said last week.
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post #2 of 7 (permalink) Old 10-31-2008, 05:02 AM
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GM and Ford just THOUGHT they had problems...

CHL holder and Conservative...AKA "Domestic Terrorist"
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post #3 of 7 (permalink) Old 10-31-2008, 05:06 AM
GROWED UP WRONG
 
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Quote:
Originally Posted by Vertnut
GM and Ford just THOUGHT they had problems...
Ford owns Volvo....
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post #4 of 7 (permalink) Old 10-31-2008, 05:54 AM
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Quote:
Originally Posted by Chopped54
Ford owns Volvo....
...auto stock. I think the trucks are a different division.

CHL holder and Conservative...AKA "Domestic Terrorist"
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post #5 of 7 (permalink) Old 10-31-2008, 06:23 AM
GROWED UP WRONG
 
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Ahhhh....
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post #6 of 7 (permalink) Old 10-31-2008, 06:24 AM
Lifer
 
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Quote:
Originally Posted by Chopped54
Ahhhh....
Oh, it's still bad for Ford...

CHL holder and Conservative...AKA "Domestic Terrorist"
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post #7 of 7 (permalink) Old 10-31-2008, 08:43 AM
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Quote:
Originally Posted by Vertnut
...auto stock. I think the trucks are a different division.
You are correct, Ford does not own Volvo Trucks.
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