Sweden: Swedish Automobile sees H1 net loss of €224m

As anticipated, Swedish Automobile N.V. has reported extremely weak operating results in the quarter ended 30 June, with an EBIT loss of €122.2m (US$177m) on revenue of €101.9m. In Q1, the company, as Spyker Cars N.V., reported a loss of €79.3m on revenue of €257.1m. The latest quarter's results therefore Subscribe to Automotive World to … Continued

• By Webmaster
• August 31, 2011