Volvo Cars' adjusted operating profit plummets in Q4
11 hour ago / Read about 0 minute
Author:小编   

Volvo Cars announced on Thursday that its operating profit, excluding items affecting comparability, declined in the fourth quarter. The company's turnaround plan is progressing steadily, but it faces significant external challenges. Affected by factors such as trade tariffs, weak demand, price pressures, and the cancellation of electric vehicle subsidies in the United States, the company's operating profit for the fourth quarter fell to SEK 1.8 billion (approximately USD 199.9 million) from SEK 5.6 billion in the same period last year.

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