Automakers

Volvo sees solid demand after 54% fall in Q2 earnings

Volvo logo on XC40 2022
R
By:
Reuters
July 20, 2023 06:48 AM

STOCKHOLM -- Volvo Cars reported a 54 percent fall in second-quarter operating earnings as the year-ago period's profit was boosted by a one-off gain, and it forecast healthy demand for its vehicles despite pricing pressures.

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