Volvo makes provision related to EU antitrust investigation
After an evaluation of the Statement of Objections, issued by the European Commission on November 20, 2014 in the on-going antitrust investigation relating to the time period prior to January 18, 2011, the Volvo Group has decided to make a provision of EUR 400 M (SEK 3.7 bn). The provision will impact the operating income negatively in the fourth quarter 2014.As a result of an evaluation of the Statement of Objections, the Volvo Group will make a provision of EUR 400 M (SEK 3.7 bn) in the fourth quarter of 2014. However, the proceedings are still at an early stage and there are a number of