Automakers

Volvo's Q3 profit jumps as sales rise, costs fall

Volvo EX90 8.jpg
Volvo expects the arrival of models such as the EX90 (shown) to further boost its gross margin on its full-electric cars.
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By:
Staff and wire reports
October 26, 2023 10:45 AM

Volvo Cars reported a rise in third-quarter operating earnings on Thursday driven by strong volumes and lower costs for semiconductors and raw materials.

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