Volvo Trucks to Take Restructuring Charge

Volvo Trucks announced on Tuesday the details of a restructuring charge related to the reorganization of its global businesses.

organizing it into three geographic segments.

The announcement said that about $92 million of the total $140 million charge would be recognized in its fourth-quarter earnings, with the balance in the first half of this year.

Volvo Trucks is part of Sweden-based Volvo AB, which is also the parent company of Mack Trucks.



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