© Reuters. FILE PHOTO: An employee at a Volvo car dealer, wearing a protective mask is seen in a showroom, in Brussels, Belgium, May 28, 2020. REUTERS/Yves Herman/File Photo
STOCKHOLM (Reuters) – Sweden-based automaker Volvo Cars reported a 54% fall in second-quarter operating earnings on Thursday.
Volvo Cars, majority-owned by China’s Geely Holding, said operating earnings fell to 5.0 billion Swedish crowns ($488.62 million) from a year-ago 10.8 billion.
($1 = 10.2329 Swedish crowns)
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