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Volvo, the leader in revenue and profit: the fabulous amount of money earned by the carmaker

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Volvo, owned by the Chinese at Geely Holding, announced the financial results for 2021. It had historical records for revenue and profit. Volvo Cars sold 698,700 cars in 2021, up 6% from a year earlier. This brought the company revenues of 26 billion euros. The operating profit was about two billion euros. The EBIT margin […]

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