Volvo's Demand Outlook Positive for Tire Makers -- Market Talk

Dow Jones

Apr 27

0810 GMT - Volvo has lifted its 2026 truck demand outlook for some regions in what is a small positive read-across to Michelin, Goodyear and Continental, in that order, Citi analysts write in a note. The Swedish company increased its truck market outlook for Europe, Brazil and India, and said that demand in Europe continued to grow gradually in the first quarter while order intake increased significantly in both North and South America. Volvo left its construction-equipment guidance unchanged in all regions. Citi rates Michelin at buy with a 38 euro target price on its stock. Shares fall 0.1% to 31.92 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

April 27, 2026 04:10 ET (08:10 GMT)

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The Swedish company increased its truck market outlook for Europe, Brazil and India, and said that demand in Europe continued to grow gradually in the first quarter while order intake increased significantly in both North and South America. Volvo left its construction-equipment guidance unchanged in all regions. Citi rates Michelin at buy with a 38 euro target price on its stock. Shares fall 0.1% to 31.92 euros. 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The Swedish company increased its truck market outlook for Europe, Brazil and India, and said that demand in Europe continued to grow gradually in the first quarter while order intake increased significantly in both North and South America. Volvo left its construction-equipment guidance unchanged in all regions. Citi rates Michelin at buy with a 38 euro target price on its stock. Shares fall 0.1% to 31.92 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 27, 2026 04:10 ET (08:10 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4119","symbol_name":"轮胎与橡胶","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2630653203","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2630653203","pubTimestamp":1777277400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0810 GMT - Volvo has lifted its 2026 truck demand outlook for some regions in what is a small positive read-across to Michelin, Goodyear and Continental, in that order, Citi analysts write in a note. The Swedish company increased its truck market outlook for Europe, Brazil and India, and said that demand in Europe continued to grow gradually in the first quarter while order intake increased significantly in both North and South America. Volvo left its construction-equipment guidance unchanged in all regions. Citi rates Michelin at buy with a 38 euro target price on its stock. Shares fall 0.1% to 31.92 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4119":"轮胎与橡胶","CTTAY":"Continental AG","GT":"固特异轮胎橡胶公司","MGDDY":"CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND","BK4124":"机动车零配件与设备","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"沃尔沃对轮胎制造商的需求前景乐观——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GT":0.9,"MGDDY":0.9,"CTTAY":0.9},"content_text":"0810 GMT - Volvo has lifted its 2026 truck demand outlook for some regions in what is a small positive read-across to Michelin, Goodyear and Continental, in that order, Citi analysts write in a note. The Swedish company increased its truck market outlook for Europe, Brazil and India, and said that demand in Europe continued to grow gradually in the first quarter while order intake increased significantly in both North and South America. Volvo left its construction-equipment guidance unchanged in all regions. Citi rates Michelin at buy with a 38 euro target price on its stock. Shares fall 0.1% to 31.92 euros. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 27, 2026 04:10 ET (08:10 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}