Ford's Volvo Car profits fell 55% in 2005 -paper


STOCKHOLM, Jan 24 (Reuters) - Volvo Car Corp's operating earnings fell 55 percent last year, but it was still the most profitable auto unit of the Ford Motor Co group, daily Dagens Industri reported on Tuesday. Operating profit at the Sweden-based car maker fell to 3.5 billion Swedish crowns ($461.1 million) from around 8 billion crowns, the newspaper said, without revealing its sources. Ford, which does not split out the earnings of individual units, on Monday reported a ...

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