Volvo says demand is holding up despite COVID spike in Europe,

Volvo says demand is holding up despite COVID spike in Europe,


Filed under:
Plants/Manufacturing,Volvo
Swedish carmaker Volvo Cars expects to hit its forecast of roughly flat sales year-on-year in the second half of 2020 even as a recent a surge in cases across Europe makes the outlook more uncertain, Chief Executive Hakan Samuelsson told Reuters. Volvo, bought by China’s Geely Holding in 2010, has repositioned itself during Samuelsson’s tenure as a premium carmaker with a range of popular sports utility vehicles (SUVs), taking on far larger rivals such as BMW and Mercedes . Continue reading Volvo says demand is holding up despite COVID spike in Europe
Volvo says demand is holding up despite COVID spike in Europe originally appeared on Autoblog on Thu, 24 Sep 2020 09:20:00 EDT. Please see our terms for use of feeds.
Permalink | 
Email this | 
Comments,

Filed under:
,


Swedish carmaker Volvo Cars expects to hit its forecast of roughly flat sales year-on-year in the second half of 2020 even as a recent a surge in cases across Europe makes the outlook more uncertain, Chief Executive Hakan Samuelsson told Reuters. Volvo, bought by China’s Geely Holding in 2010, has repositioned itself during Samuelsson’s tenure as a premium carmaker with a range of popular sports utility vehicles (SUVs), taking on far larger rivals such as BMW and Mercedes .

Continue reading Volvo says demand is holding up despite COVID spike in Europe

Volvo says demand is holding up despite COVID spike in Europe originally appeared on Autoblog on Thu, 24 Sep 2020 09:20:00 EDT. Please see our terms for use of feeds.

Permalink | 
Email this | 
Comments,

Leave a Reply

Your email address will not be published. Required fields are marked *