UPDATE 1-Volvo to raise prices due to dlr, materials costs

Newswire

(Adds detail, background) GOTHENBURG, Sweden, Nov 24 (Reuters) - Sweden's Volvo , the world's second biggest truck maker, expects to raise prices next year to offset a weaker dollar and higher raw materials costs, its chief executive said on Wednesday. Volvo has profited from increasing demand for heavy trucks on both sides of the Atlantic this year in an otherwise lacklustre autos market, and has so far been able to pass on rising raw material costs to customers. "I think we will need ...

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