Volvo to pay $US1.5 million fine
Volvo to pay $US1.5 million fine Updated: 08:30, Wednesday July 4, 2012 Volvo will pay $US1.5 million in civil penalties after US federal regulators say the car manufacturer failed to report safety defects in a timely manner.
The Volvo Group said its Truck unit returned to profitability in the first quarter, with income up to about $200,000 during the first quarter, compared to a loss of about $334,000 during the year-ago quarter....