Volvo truck shipments plunge 63 pct yr/yr in April

World number two truck maker Volvo said last week its truck deliveries tumbled 63 percent in April as the withering global downturn blanketed all its main markets.

Volvo, which sells trucks under brands such as Renault, Nissan Diesel and Mack as well as its own name, said in a statement shipments fell 69 percent year-on-year both in Europe, its biggest market, and in North America.

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