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Volvo Cars' operating profit rises 17% in 2014

2015-02-26 09:32:27| Auto Dealers - Topix.net

Swedish car maker Volvo Car Corp. said its operating profit for the full year 2014 rose 17% as strong sales in China offset declining Volvo sales in North America. The Swedish car company, owned by China's Zhejiang Geely Holding Group Co., said operating profit last year was 2.25 billion Swedish kronor compared with 1.92 billion Swedish kronor in 2013 as vehicle sales rose 8.9% to 465,866 cars.

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Category:Automotive

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