The title Volvo shows a decrease of 1, 45% to € 170 crowns the Stockholm Stock Exchange, after the Swedish automotive group reported a quarterly loss of 1.2 billion crowns. The company said that cost 1.3 billion kronor (about 140 million euros) are due to integration of the division of Renault lorries and restructuring in the United States. The acquisition of Mack and ICR (both taken over by Renault) have contributed to a growth of total sales by 55% to € 43.75 billion crowns. Operating income was 502 million kronor, compared to the heavy drop in the 1.8 billion kronor a year ago.
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