BUZZ-Market uncertainty hits Volvo truck orders, shares slip
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Shares in Volvo (VOLVb.ST) fall 5% as the Swedish truck maker lowered its outlook for the troubled North America market and posted falling quarterly ordersVolvo now expects its full year truck order intake in North America at 265,000, down from 275,000 seen earlier, and warns of a negative impact from market conditionsIt posts its truck orders in Q3 falling to 37,134 from 43,234 a year ago“Truck results missed our forecasts due to fewer deliveries, with order intake down 14% y/y”, J.P.Morgan saysVolvo shares among top fallers on STOXX 600 (.STOXX)
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