GOTHENBURG, Sweden, Nov 24 (Reuters) - Sweden's AB Volvo, the world's second biggest truck maker, expects to raise prices next year to compensate for a weaker dollar and higher costs for raw materials, its chief executive said on Wednesday. "I think we will need to raise prices in 2005 like we did in 2004," Volvo CEO Leif Johansson said on the sidelines of a conference. "For trucks I think the price increase will be at the same pace as in 2004, while for VCE (Volvo Construction Equipment) ...
Premium Content (PAID Subscription Required)
"Volvo to raise prices in 2005 due to weak dollar" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.