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Volvo Says China Truck Sales to Grow 30% in 2007

Sweden's Volvo AB is targeting 30% growth in truck sales in China in 2007, a senior company executive said on Tuesday.

Volvo's truck sales grew 28% to 1,173 units in China last year, said Anders Biveby, sales director, Greater China Volvo Trucks, told Reuters on the sidelines of a business event in Shanghai.

Volvo operates a heavy-duty truck venture with China National Heavy-Duty Truck Corp.