✉news LifeAutos first seen 5 h ago, last just now, peak #2
Volvo Cars withdraws sales guidance citing China and slow US rebound
Original: Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound
Volvo Cars has withdrawn its full-year sales guidance, pointing to a weaker outlook in China and a slower-than-expected recovery in the United States, according to Reuters. The move reflects growing uncertainty for carmakers in two of their key markets, with demand in China soft and the American rebound proving sluggish.
Why now: Investors and industry watchers are reacting to the withdrawal of guidance as a sign of weakening demand in two major car markets.
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to just now.
Evidence
- Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound · Reuters
- Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound · The Lufkin Daily News
API: https://socialmediatrends-api.osmike.com/v1/trends/717887