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Volvo Cars lowers profit margin target

Volvo Cars lowers profit margin target

Volvo Cars U.S. production plant is pictured in Ridgeville, South Carolina, U.S. June 20, 2018. REUTERS/Randall Hill/File Photo

STOCKHOLM : Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, dropping a previous sales target.

Source: Reuters

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