Oct 27 (Reuters) – Swedish automaker Volvo Cars (VOLCARb.ST) said on Thursday that it would try to manage the macroeconomic headwinds and ongoing turbulence that continued to hit the company as it reported a fall in its third-quarter profits due to lower volumes.
Stockholm-listed Volvo, majority owned by Chinese automotive company Geely Holding [RIC:RIC:GEELY.UL] said its quarterly operating profit dropped to 2.1 billion Swedish crowns ($193.41 million)from 3.3 billion a year ago.
($1 = 10.8579 Swedish crowns)
Reporting by Marie Mannes, editing bt Stine Jacobsen
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