Volvo Car Targets 30% Parts Commonality By 2030
Sept 17 (Reuters) - Geely Automobile Holdings Ltd 0175.HK:
VOLVO CARS OUTLINES CLEAR ROADMAP TO LONG-TERM PROFITABILITY AND CASH GENERATION
CARS REVEALS STRATEGY TO ACHIEVE EBIT MARGIN BEYOND 8 PERCENT
TO DEVELOP SIX NEW CHINA-SPECIFIC MODELS
TARGETS 30 PERCENT PARTS COMMONALITY AND 5 PERCENT MATERIAL COST SAVINGS BY 2030
SEVEN NEW CARS FOR WESTERN MARKETS TO REDUCE INVESTMENT LEVELS
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