Not all car manufacturers are suffering from the economic crisis that is currently raging in Europe. Volvo, for one, is expecting to sell between 430,000-440,000 units this year, compared to 374,000 cars last year.
According to the Swedish carmaker’s CEO, Stefan Jacoby, the reason for this is that Volvo’s biggest European markets are in Scandinavia and Germany, which don’t face the financial crisis that storms the southern regions like Italy, Spain and Greece.
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