Volvo halts Iran truck assembly due to U.S. sanctions
Volvo spokesman Fredrik Ivarsson said the trucks group could no longer get paid for any parts it shipped and had therefore decided not to operate in Iran.
The logo of Volvo is seen on the front grill of a Volvo truck in a customer showroom at the company's headquarters in Gothenburg, Sweden, September 23, 2008. (photo credit: REUTERS/BOB STRONG/FILE PHOTO)ByREUTERS
