WRAPUP 1-European truckmakers profits rise but outlook mixed

Newswire

By Patrick McLoughlin and Hans Nagl STOCKHOLM/FRANKFURT, July 23 (Reuters) - Strong earnings reports from European truck makers Volvo and Scania on Wednesday were overshadowed by worries about weak demand in Europe, despite a brighter outlook for north America, as talk of sector consolidation reemerged. The world's second-biggest truck maker, AB Volvo and Scania , the world's most profitable, beat market expectations with second-quarter earnings but their outlooks were at odds due to ...

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