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Volvo buoyant
23rd November 1989, Page 8
23rd November 1989
Page 8
Page 8, 23rd November 1989
— Volvo buoyant
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• Volvo profits rose by 13.5% in the first nine months of the year to £612 million (2539 million), on turnover up 9% to £6.5 billion.
Truck sales in Western Europe and the US have grown strongly this year, and bus division sales are up by 7%.
Christer Zetterberg, heal of Sweden's state-owned bank, will become presided of Volvo next Spring to replace Gunnar Johansson, who is leaving the compari