(FILES) An aerial view shows Volvo cars parked at a port in Nanjing, in eastern China's Jiangsu province on October 17, 2024. Sweden's Volvo Cars on October 23, 2024 drastically cut its sales forecast for the year, saying car markets in China, Europe and the US "increasingly under pressure." (Photo by STRINGER / AFP) / China OUT (Photo by STRINGER/AFP via Getty Images)

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