Wednesday, 6 February 2013

Profits plummet at Swedish automaker Volvo Group in Q4 2012; year-end results down compared to 2011 - @TheLocalSweden

Profits plummet at Swedish automaker Volvo Group in Q4 2012; year-end results down compared to 2011 - @TheLocalSweden

On Wednesday, Volvo reported pre-tax profits of 660 million kronor ($103.8 million) for the fourth quarter 2012, down from 6.39 billion kronor for the same period the year before.