Tuesday 7 April 2020
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channelnewsasia - 11 days ago

Geely s Volvo Cars warns virus outbreak to hit 2020 earnings

Sweden s Volvo Car Group, owned by China s Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business.

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