Volvo Cars reports several all-time-highs in 2023

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Volvo Cars reports several all-time-highs in 2023

STORY: Volvo Cars reports several all-time-highs in 2023 SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:01:02 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Volvo Studio Stockholm 2. various of street view in Stockholm 3. various of shops in Stockholm STORYLINE: Volvo Cars said on Thursday that 2023 was a record-breaking year for the company, with more than 700,000 cars sold and the highest revenue and sales profit in its 97-year history. Revenues increased by 21 percent to 399.3 billion Swedish kronor (38.3 billion U.S. dollars), while the underlying operating profit excluding joint ventures and associates increased by 43 percent to 25.6 billion kronor, the carmaker said in its year-end report for 2023. A total of 708,716 cars were sold in 2023, following a year-on-year sales increase of 15 percent, according to the report. Volvo Cars, which was acquired by Chinese automaker Geely in 2010, has previously said that it aims to solely produce fully-electric cars by 2

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