Volvo Cars warns outbreak will dent earnings

Volvo Car Group, which has been forced to idle plants in China, the U.S. and Europe, scaled back financial guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighs on business.

source https://www.autonews.com/automakers-suppliers/volvo-cars-warns-outbreak-will-dent-earnings