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Truck maker AB Volvo halts production in Russia -spokesperson -Breaking

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© Reuters. FILE PHOTO : A Volvo XC40 SUV is adorned with the logo Volvo at its front grill in a Mexico City Volvo showroom, Mexico City on April 6, 2018. REUTERS/Gustavo Graf

STOCKHOLM, (Reuters) – Swedish truck manufacturer AB Volvo announced Monday that it has halted Russian production.

Volvo Group has one Russian factory and generates approximately 3% from its Russia sales.

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