STOCKHOLM, Oct 29 (Reuters) - Swedish carmaker Volvo, owned by Chinese group Geely Automobile , made an operating profit in the third quarter, the company said on Friday. Volvo, bought by Geely from Ford in August, did not disclose details, but said it has been profitable since the start of the year. The car maker said it sold 272,555 cars in the year to September, up 12.5 percent on the previous year. Geely paid Ford $1.3 billion in cash for Volvo and issued a $200 million note to the ...
Premium Content (PAID Subscription Required)
"Geely-owned Volvo makes operating profit in Q3" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642