Sweden: Volvo Cars reports Q3 loss

Volvo Car Corporation slipped into loss in the third quarter, due in part to seasonal challengers. The OEM’s operating loss (EBIT) fell to SEK 763m (US$115.4m) for the three-month period, compared to a profit of SEK 748 in the same quarter last year. The results were dampened by adverse exchange Subscribe to Automotive World to … Continued

• By Webmaster
• October 21, 2011