Volvo truck orders hit in third quarter as market demand loses steam

STOCKHOLM (Reuters) - Sweden's AB Volvo on Friday reported a sharp fall in order intake of its heavy-duty trucks in the third quarter and forecast double-digit percentage declines in commercial vehicles markets on both sides of the North Atlantic next year. After years of strong demand, signs of a slowdown in commercial vehicles markets that have always been prone to violent cyclical swings have multiplied in recent months, amid worries over global trade wars and slumping economies. The world's..