Volvo CEO Leif Johansson listens during a news conference October 23, 2009 in Stockholm. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.

Volvo CEO Leif Johansson gestures during a news conference October 23, 2009 in Stockholm. World number two truckmaker Volvo made a smaller third-quarter loss than expected, easing fears it would need more cash from investors, but it still expects sharp declines in its main markets.

Volvo Chief Executive Leif Johansson gestures during a news conference in Stockholm October 23, 2009.

Volvo Chief Executive Leif Johansson gestures during a news conference in Stockholm October 23, 2009.

AP Photo 2 weeks ago

Volvo CEO Leif Johansson gestures during a news conference Friday Oct. 23, 2009 in Stockholm.

AP Photo 2 weeks ago

Volvo CEO Leif Johansson gestures during a news conference Friday Oct. 23, 2009 in Stockholm.

Volvo Chief Executive Leif Johansson presents second-quarter results at a news conference in Gothenburg, July 21, 2009.

Volvo Chief Executive Leif Johansson presents second-quarter results at a news conference in Gothenburg, July 21, 2009.

AP Photo 3 months ago

The Volvo logo on the front grille is shown in Miami, Tuesday, July 21, 2009. Swedish truck maker AB Volvo on Tuesday, reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period.

AP Photo 4 months ago

The crews, winners of the Volvo Ocean Race, 2008-2009, from left: Puma, wearing red, who finished in second place, Ericsson 4, wearing blue who finished in first place, centre , and Telefonica Blue, wearing white, who finished in third place, right, celebrate after finishing the final...

The Ericsson 4 boat is seen after winning the Volvo Ocean Race in the Neva River in St. Petersburg, June 27, 2009.

AP Photo 4 months ago

Ericsson 4, the winner of the Volvo Ocean Race, 2008-2009 enters to St Petersburg city on the Neva river after finishing the final leg of competition in St Petersburg, Russia, Saturday, June 27, 2009, St. Isaac's Cathedral and Admiralty building in the background.

The Puma (L) and Telefonica boats compete in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Ericsson 4 boat competes in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Ericsson 4 boat competes in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Puma (L) and Telefonica boats compete in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Ericsson 4 boat competes in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Ericsson 4 boat competes in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

The Ericsson 4 boat competes in the Volvo Ocean Race in the Finland Gulf near St.Petersburg, June 27, 2009.

Getty Images 4 months ago

The Bow of Volvo Ocean Race boat 'Green Dragon' plows the sea at the start of the 10th and final leg of the nine-month round-the-world yaching event, on June 25, 2009, between Stockholm and St-Petersburg.

Getty Images 4 months ago

The Volvo Ocean Race fleet takes the start on the 10th and final leg of the nine-month round-the-world yaching event, on June 25, 2009, between Stockholm and St-Petersburg.

Getty Images 4 months ago

The Volvo Ocean Race fleet takes the start on the 10th and final leg of the nine-month round-the-world yaching event, on June 25, 2009, between Stockholm and St-Petersburg.

Getty Images 4 months ago

The Volvo Ocean Race boat 'Puma' leads the fleet after the start of the 10th and final leg of the nine-month round-the-world yaching event, on June 25, 2009, between Stockholm and St-Petersburg.

Getty Images 4 months ago

The Volvo Ocean Race boat 'Puma' (R) leads the fleet ahead of 'Telefonica Blue' after the start on the 10th and final leg of the nine-month round-the-world yaching event, on June 25, 2009, between Stockholm and St-Petersburg.

Getty Images 4 months ago

Nederland's skipper of Volvo ocean race boat Telefonica Blue, Bouwe Bekking, checks on his opponents on June 22, 2009 in Stockholm, during a ProAm race inside Stockholm archipelago.