(Sharecast News) - Shares in Volvo Cars fell sharply on Friday after the Swedish carmaker scrapped its previous full-year guidance for volumes and cash flow, blaming deteriorating conditions in China and a slower-than-expected recovery in the US.
Volvo said an "increasingly challenging market situation" and worsening near-term outlook had resulted in...

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE