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But he added Persson still had some time before the deadline.

Volvo Trucks has been locked in battle with Daimler and Volkswagen's truck brands for market leadership and has, over the past year, suffered a deep downturn for its construction gear in a plunging Chinese market.

http://www.slideshare.net/gutturaljournal93 not going to work," Engellau said.. The truck maker posted an operating margin of 8.7 percent in the final year before the efficiency scheme was launched