Volvo, Fueled by China Sales, Stays on Track for Record Year - News Summed Up

Volvo, Fueled by China Sales, Stays on Track for Record Year


STOCKHOLM—Reiterating a pledge made at the start of the year, Volvo Car Corp. said Thursday it forecasts record sales in 2017 after the Swedish auto maker posted a 23% rise in second-quarter net profit, driven by strong growth in the Asia-Pacific region, particularly China. “Globally, we expect the pace of growth generated in the first half of the year to continue,” Chief Executive Hakan Samuelsson said. “We are confident we will...


Source: Wall Street Journal July 20, 2017 05:26 UTC



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