Volvo raises Europe, N.American truck demand forecast

Newswire

BEIJING, March 29 (Reuters) - Swedish truck maker AB Volvo raised on Monday its forecast for growth in the North American and European trucks markets this year. Chief Executive Leif Johansson, speaking on the sidelines of a news conference at the opening of a new plant, said the market for trucks in North America could grow as much as 20 percent, more than the 10-15 percent expected earlier. He saw demand in Europe rising five to six percent this year against a February forecast of two ...

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