Asia sales offset European losses for Volvo


Europe's top car executives have descended on Geneva for the annual motor show - where a host of new cars will be unveiled.

Once again, manufacturers are working against a backdrop of austerity which means finding European buyers for the new models will not be easy.

One of the big names on show is Swedish car giant Volvo.

It is unveiling its new V40 model which the company hopes will become a direct competitor to BMW and Audi's premium class hatchbacks.

Stefan Jacoby, chief executive of Volvo says "we see the decline in European market but can offset this with sales in China".

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.