Stockholm, Sweden — Sweden’s Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are “increasingly under pressure.” The Chinese-owned automaker reported a net profit of 4.4 billion kronor ($416 million) for the third quarter, up from 3.2 billion kronor for the same
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.