Volvo may make Asian acquisition - deputy CEO

Newswire

SINGAPORE, Sept 27 (Reuters) - Volvo , the world's second-largest truck maker, may make an acquisition in Asia to boost market share as growth in its European and North American markets begins to slow, a senior Volvo official said on Monday. "A likely acquisition could happen of course in Asia because the Asian market needs to be more structured, and there are the opportunities and we have no problem with the competition authorities," deputy chief executive officer Lennart Jeansson told ...

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