
* Shipments down 22 pct in Europe, up 39 pct in N America
STOCKHOLM, May 16 (Reuters) - World number two truck maker Volvo said on Wednesday shipments of its trucks fell 4 percent year-on-year in April as weak demand in Europe and South America eclipsed a strong upturn in North America.
By Investment Underground : By Darnell Brown In 2011, the profits for the big three American automakers Ford ( F ) General Motors ( GM ) and Chrysler Group LLC ( FIATY.PK ) came roaring back. " After falling over 60% from the second quarter of 2007 to the first quarter of 2009, the output of motor
BEIJING, May 11 (Reuters) - Volvo 's Chinese owner offered to take a large minority stake in the Japanese maker of Subaru cars, an offer - never accepted - that
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* Volvo Cars says on track toward China goal of 200,000 units
* Shares up 5.5 percent (Adds analyst comment, detail, background)
STOCKHOLM, April 26 (Reuters) - World number two truck maker Volvo posted first-quarter earnings above market expectations on Thursday and raised its forecast for the European heavy-duty truck market this year, saying it would crank up production slightly.
BEIJING, April 23 (Reuters) - Volvo plans to launch 10 new models in China by 2020, its chairman, Li Shufu, said on Monday on the sidelines of the Beijing Autoshow.
HANGZHOU, China (Reuters) - The chairman of Zhejiang Geely Holding Group Co., which acquired Volvo in 2010, faces a grueling dilemma: Risk diluting the storied Swedish marque by sharing technology with Geely or let the Chinese brand face cutthroat competition alone.