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    <title>The Local Sweden</title>
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    <description>Read the latest news and views from Sweden in English</description>
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        <item>
        <title>
            Volvo Group reports highest operating income ever
        </title>
        <description>
            Swedish truck maker Volvo saw its net profit speed ahead by 60 percent in 2017, driving up sales to a new record.
        </description>
        <link>
            https://www.thelocal.se/20180131/volvo-group-reports-highest-operating-income-ever
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        <pubDate>Wed, 31 Jan 2018 13:11:33 +0100</pubDate>
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        <title>
            Chinese Geely buys stakes in Swedish truck maker Volvo
        </title>
        <description>
            China&#039;s Geely has bought an estimated $3.3 billion stakes in Swedish truck maker Volvo, making it the biggest shareholder in the company and tightening its hold on that and Volvo Cars which it bought in 2010.
        </description>
        <link>
            https://www.thelocal.se/20171227/chinese-geely-buys-stakes-in-swedish-truck-maker-volvo
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        <pubDate>Wed, 27 Dec 2017 12:57:00 +0100</pubDate>
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        <title>
            US and Japan fuel surge for Volvo trucks
        </title>
        <description>
            Sweden&#039;s Volvo, the world&#039;s second-largest maker of trucks, said Friday it saw a spike in profits in the third quarter, boosted by thriving sales in the US and Japanese markets.
        </description>
        <link>
            https://www.thelocal.se/20141024/us-and-japan-fuel-surge-for-volvo-trucks
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        <pubDate>Fri, 24 Oct 2014 18:41:38 +0200</pubDate>
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        <title>
            Van Damme&#039;s &#039;epic split&#039; eclipses Volvo layoffs
        </title>
        <description>
            A YouTube video featuring Hollywood veteran Jean-Claude Van Damme performing an &quot;epic split&quot; between two moving Volvo trucks left news about nearly 500 job cuts at the Swedish truck maker in the dust.
        </description>
        <link>
            https://www.thelocal.se/20131115/van-dammes-epic-split-overshadows-volvo-layoffs
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        <pubDate>Fri, 15 Nov 2013 17:17:00 +0100</pubDate>
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        <title>
            Volvo group announces record sales for 2011
        </title>
        <description>
            Volvo Group, the world&#039;s second-largest truck maker, announced Friday a 63-percent jump in its 2011 net profit boosted by record sales and margins, and a 43-percent hike in the fourth quarter.
        </description>
        <link>
            https://www.thelocal.se/20120203/38900
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        <pubDate>Fri, 03 Feb 2012 15:02:00 +0100</pubDate>
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        <title>
            Indian Volvo workers strike over pay
        </title>
        <description>
            About 600 employees of a Volvo bus plant near Bangalore in India are striking for better pay and the return to work of four colleagues suspended following a dispute, a spokesman for the Swedish group said on Tuesday.
        </description>
        <link>
            https://www.thelocal.se/20100803/28164
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        <pubDate>Tue, 03 Aug 2010 18:57:00 +0200</pubDate>
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        <title>
            Volvo Trucks posts surprise Q2 profit
        </title>
        <description>
            Volvo Trucks, the world&#039;s second-largest maker of heavy-duty trucks, reported unexpectedly strong quarterly profits on Thursday and maintained its forecast of recovery in US and European markets.
        </description>
        <link>
            https://www.thelocal.se/20100722/27932
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        <pubDate>Thu, 22 Jul 2010 12:30:00 +0200</pubDate>
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        <title>
            Volvo recalls 77,000 trucks
        </title>
        <description>
            Swedish truck-maker Volvo announced on Monday plans to recall 77,000 trucks in North America due to the risk of rust in the steering mechanism which in rare cases could cause drivers to lose control of the vehicle.
        </description>
        <link>
            https://www.thelocal.se/20100629/27494
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        <pubDate>Tue, 29 Jun 2010 09:55:00 +0200</pubDate>
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        <title>
            Volvo stock responds to positive report
        </title>
        <description>
            Swedish truck maker Volvo AB topped the list of winners as the Stockholm stock exchange opened for business on Friday after reporting positive interim figures.
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        <link>
            https://www.thelocal.se/20100423/26244
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        <pubDate>Fri, 23 Apr 2010 11:36:00 +0200</pubDate>
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        <title>
            Volvo Group faces Thai damages writ
        </title>
        <description>
            Sweden&#039;s Volvo Group has been sued by a Thai truck dealer for 10.5 billion baht ($324 million) for allegedly unlawfully terminating two contract, a spokesperson said Wednesday.
        </description>
        <link>
            https://www.thelocal.se/20100401/25852
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        <pubDate>Thu, 01 Apr 2010 09:40:00 +0200</pubDate>
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        <title>
            Volvo optimistic as losses mount
        </title>
        <description>
            Swedish truck maker Volvo said on Friday that it sees signs of recovery in the global economy, despite reporting widening losses in the fourth quarter of 2009.
        </description>
        <link>
            https://www.thelocal.se/20100205/24808
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        <pubDate>Fri, 05 Feb 2010 11:21:00 +0100</pubDate>
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        <title>
            Truck maker Volvo posts heavy losses
        </title>
        <description>
            The world&#039;s second-biggest truck maker Volvo Group on Friday posted a lighter than expected third-quarter net loss and said the market was looking up, particularly in Asia, after several tough months.
        </description>
        <link>
            https://www.thelocal.se/20091023/22822
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        <pubDate>Fri, 23 Oct 2009 10:33:00 +0200</pubDate>
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        <item>
        <title>
            Volvo truck sales collapse by half
        </title>
        <description>
            Swedish truck manufacturer Volvo Trucks has reported that sales of its vehicles collapsed by 54 percent in July.
        </description>
        <link>
            https://www.thelocal.se/20090827/21724
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        <pubDate>Thu, 27 Aug 2009 14:23:00 +0200</pubDate>
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        <item>
        <title>
            Record losses for Sweden&#039;s Volvo Group
        </title>
        <description>
            Swedish truck maker Volvo Group on Tuesday reported its largest-ever quarterly loss amid as massive write-offs and weak demand took their toll on profits.
        </description>
        <link>
            https://www.thelocal.se/20090721/20806
        </link>
        <pubDate>Tue, 21 Jul 2009 10:49:00 +0200</pubDate>
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            Losses at Volvo as demand hits the skids
        </title>
        <description>
            Swedish truck maker AB Volvo reported mounting losses for the first quarter on Friday as demand collapsed in the wake of the financial crisis.
        </description>
        <link>
            https://www.thelocal.se/20090424/19054
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        <pubDate>Fri, 24 Apr 2009 12:10:00 +0200</pubDate>
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        <title>
            More layoffs at Volvo Group
        </title>
        <description>
            Volvo Group announced on Wednesday it was cutting an additional 1,543 jobs in Sweden, with most redundancies coming at the group’s Volvo Truck division.
        </description>
        <link>
            https://www.thelocal.se/20090422/19010
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        <pubDate>Wed, 22 Apr 2009 14:45:00 +0200</pubDate>
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            Volvo drops bid to boost executive pay
        </title>
        <description>
            Sweden’s Volvo Group bowed to criticism and said it was scrapping a proposal to raise executive bonuses on Wednesday, the same day that its truck making subsidiary announced it was stopping production at one of its plants because of dropping demand.
        </description>
        <link>
            https://www.thelocal.se/20090304/17982
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        <pubDate>Wed, 04 Mar 2009 13:12:00 +0100</pubDate>
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        <title>
            Volvo pay raise &#039;insulting&#039;: Reinfeldt
        </title>
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            Volvo Group’s plan to raise the salaries of 250 top executives is “insulting” according to Prime Minister Fredrik Reinfeldt.
        </description>
        <link>
            https://www.thelocal.se/20090302/17924
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        <pubDate>Mon, 02 Mar 2009 09:25:00 +0100</pubDate>
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            Volvo Group to boost executive pay despite losses
        </title>
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            Sweden’s Volvo Group announced on Thursday it had approved pay raises for 250 high-ranking executives this year, despite heavy fourth quarter losses at the world’s second largest truck maker.
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        <link>
            https://www.thelocal.se/20090227/17876
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        <pubDate>Fri, 27 Feb 2009 08:33:00 +0100</pubDate>
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            Volvo approves massive investment in new trucks models
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            Swedish truck maker Volvo Group plans to make a groundbreaking investment of at least least €1.8 billion ($2.3 billion) to develop of new truck models this year.
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        <link>
            https://www.thelocal.se/20090226/17850
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        <pubDate>Thu, 26 Feb 2009 14:57:00 +0100</pubDate>
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