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Sweden: Volvo Car sees profits crash in H1

Despite taking what Stefan Jacoby, Chief Executive Officer and President of Volvo Car Corporation, has described as "a proactive approach to protect margins," the Volvo Car Group has reported a significant crash in earnings and profitability in the six months ended 30 June 2012. Although revenue in the January-June 2012 period It’s time to log … Continued

Despite taking what Stefan Jacoby, Chief Executive Officer and President of Volvo Car Corporation, has described as "a proactive approach to protect margins," the Volvo Car Group has reported a significant crash in earnings and profitability in the six months ended 30 June 2012.

Although revenue in the January-June 2012 period

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