Volvo bullish about Asia


  • Business
  • Wednesday, 29 Sep 2004

SINGAPORE: European bus and construction equipment maker Volvo Group said on Monday it is bullish on China, India, and South-East Asia as it opened a new regional headquarters here. 

Executives at Volvo, the world's second biggest bus manufacturer and one of the biggest makers of construction equipment, would not give growth targets for the company's business in the region, which currently accounts for 10% of global sales. But they said the outlook for Asia was bright. 

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