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- Volvo Car Corp. returns to profit largely due to sales in China
<Deal Nowp>DETROIT-Volvo Car Corp. said Monday it made it back into the black last year as surging demand in China contributed to an unexpectedly strong second-half performance.
Volvo won't see the same performance in China this year as in 2013 when sales rose 46% to 61,146 vehicles and the auto maker cut costs, said Hakan Samuelsson, Volvo's chief executive. But the car maker should still outperform the market that is expected to grow by...