MotorBusiness | Volvo: Operating profit slumps in year 2012 – sells only 433,000 cars

May 4th, 2013

 MotorBusiness | Volvo: Operating profit slumps in year 2012 - sells 433,000 cars

Volvo aims to break even on an operating level this year without help from one-off gains that kept the carmakerin the black in 2012. The total number of cars sold in the year 2011 was 433,000, a drop of 6.1 percent compared to the same period in 2011.

Volvo’s operating profit fell to $2

Meanwhile in 2012 the net revenue of the company reached about 19 billion U.S. dollars, which was close to that in 2011 (about 19.2 billion U.S. dollars.

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