Q2 sales slip for Volvo CE, but China begins to recover

Sales in the second quarter of the year for Volvo Construction Equipment (Volvo CE) declined from last year in all the regions in which it operates.

The company said the dip was driven by a downturn in the industry after last year’s surprisingly robust machine sales figures.

“Compared to the historically high levels of 2023, there has been an overall market decline, particularly in Europe, where weakening business confidence has had an effect, and…

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