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News Summary: Volvo's 2Q profits halved

DOWNHILL: Swedish truck and bus maker AB Volvo said sliding sales, weak foreign exchange rates and costs related to new products resulted in second-quarter net profit falling by more than half, to 2 billion Swedish kronor ($309 million). Full story

With new China plant, Volvo hopes to hit 2020 sales goal early: executive

CHENGDU, China (Reuters) - Chinese-owned Swedish automaker Volvo Car Corp expects to be selling 200,000 cars a year in China by 2018, a senior executive said, two years ahead of its latest target and as a new assembly plant gears up for full production later this year. Full story

Rise in Volvo orders lifts hopes of trucks recovery

STOCKHOLM (Reuters) - Volvo <VOLVb.ST>, the world's No. 2 truck maker, posted a surprise rise in first-quarter orders and said it would step up production, adding to signs a protracted slump in key markets like Europe may be coming to an end. Full story

The Secret to a Strong Branding Message? Focus.

Your customers are only going to remember one thing about your brand. Here's how to make sure your message is memorable. Full story

Volvo to launch first new car with Geely in 2014: CEO

NEW YORK (Reuters) - Swedish automaker Volvo Car <VOLVO.UL> will introduce its first all-new vehicle as a unit of China's Zhejiang Geely Holding Group Co Ltd <GEELY.UL> in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday. Full story

Volvo to launch first new car with Geely in late 2014: CEO

NEW YORK (Reuters) - Swedish automaker Volvo Car will introduce its first all-new vehicle as a unit of China's Geely Automotive Holdings Ltd <0175.HK> in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday. Full story

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File photo of logo of  Volvo
File photo of logo of Volvo

File photo of the logo of Volvo on the front grill of a Volvo truck in a customer showroom at company headquarters in Gothenburg September 23, 2008. World number two truck maker Volvo AB achieved stronger-than-expected orders and earnings in the second quarter as a recovery in demand gained pace in

A Volvo logo is displayed on the wheel of a 2014 Volvo V60 wagon during the New York International Auto Show
A Volvo logo is displayed on the wheel of a 2014 Volvo V60 wagon during the New York International Auto Show

File photo of Volvo logo displayed on the wheel of a 2014 Volvo V60 wagon during the New York International Auto Show in New York, March 28, 2013. World number two truck maker Volvo AB achieved stronger-than-expected orders and earnings in the second quarter as a recovery in demand gained pace in ne

File photo of employee walksingpast newly assembled Volvo cars lined up at a parking lot of a Ford manufacturing plant in Chongqing
File photo of employee walksingpast newly assembled Volvo cars lined up at a parking lot of a Ford manufacturing plant in Chongqing

File photo of an employee walking past newly assembled Volvo cars lined up at a parking lot of a Ford manufacturing plant in Chongqing municipality, April 20, 2012. World number two truck maker Volvo AB achieved stronger-than-expected orders and earnings in the second quarter as a recovery in demand

Chairman of Zhejiang Geely Holding Group Li Shufu poses for a photo at an assembly line of the new Volvo automobile manufacturing plant in Chengdu
Chairman of Zhejiang Geely Holding Group Li Shufu poses for a photo at an assembly line of the new Volvo automobile manufacturing plant in Chengdu

Chairman of Zhejiang Geely Holding Group Li Shufu poses for a photo at an assembly line of the new Volvo automobile manufacturing plant in Chengdu, Sichuan province.