From thisismoney.com: Volvo truck sales plunge 99.7%.
The depth of the recession was revealed today as truckmaker Volvo admitted demand across the Continent has crashed by 99.7% as it took orders for just 115 new lorries in the last three months.
That compares to orders totalling 41,970 in the third quarter of 2007. Global orders for Volvo slumped 55% in the last three months while Scania, of which Volvo has majority control, said its western Europe truck orders collapsed by 69%.
115? Just 115 down from 42K!
The real economy has collapsed! Phony financial economy up next.
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