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Volvo Group positions for success in post-COVID recession

The commercial vehicle giant insists there are lucrative opportunities at hand, but how well positioned is it to tap them? By Megan Lampinen

The truck and bus segment has taken a big hit from the novel coronavirus, and industry players and watchers alike are describing the latest financial quarter as "unprecedented" in light of the headwinds. "This is an unprecedented challenge for the commercial vehicle industry, which is now faced with both supply and demand disruption," observed Wilfried Aulbur, Senior Partner at Roland Berger.

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