UPDATE 1-Volvo raises N.America, Europe demand forecast


(Adds background) BEIJING, March 29 (Reuters) - The world's second-biggest truck maker, Sweden's AB Volvo , raised its forecast for 2004 growth in the North American and European trucks markets on Monday, saying the global economy was improving. Chief Executive Leif Johansson, speaking on the sidelines of a news conference at the opening of a new Chinese engine plant, said the market for trucks in North America could grow as much as 20 percent, more than the 10 to 15 percent expected ...

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