Ford's Volvo to post above-budget 2003 profit-paper

Newswire

STOCKHOLM, Dec 21 (Reuters) - Swedish car maker Volvo PV, a unit of U.S. Ford Motor Co. , is heading for a full-year 2003 profit above budget of around five billion crowns ($650 million), a Swedish newspaper reported on Sunday. "We will deliver earnings in line with budget and a bit more," the business daily Dagens Industri quoted Volvo PV's President Hans-Olov Olsson as saying in the Internet edition of the newspaper due to come out in print on Monday. Olsson declined to give any ...

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