{"id":130726,"date":"2023-02-10T11:57:27","date_gmt":"2023-02-10T10:57:27","guid":{"rendered":"https:\/\/newmobility.news\/?p=130726"},"modified":"2023-02-11T11:50:48","modified_gmt":"2023-02-11T10:50:48","slug":"volvo-boosts-revenue-and-bets-on-ex30-to-double-sales","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/02\/10\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\/","title":{"rendered":"Volvo boosts revenue and bets on EX30 to double sales"},"content":{"rendered":"

Due to the supply chain shortage and global economic constraints, Volvo sales dwindled by 12% last year. This hasn\u2019t affected revenue, which grew by 17%. But profit fell back, while the operational margin stuck to 3,2%. \u201cThis is not where we want to be,\u201d commented CFO of Volvo, John Ekdahl.<\/p>

In 2022, Volvo sold 615 000 cars, or 84 000 units less compared to the year before. The lower output is attributed almost entirely to the chip shortage. The falling numbers didn\u2019t affect turnover, though. Revenue grew to 29,2 billion euros, representing an increase of 17%. Like other carmakers, mainly in the premium sector, Volvo managed to charge more per car and benefitted from favorable currency rates.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Due to the supply chain shortage and global economic constraints, Volvo sales dwindled by 12% last year. This hasn\u2019t affected revenue, which grew by 17%. But profit fell back, while the operational margin stuck to 3,2%. \u201cThis is not where we want to be,\u201d commented CFO of Volvo, John Ekdahl.In 2022, Volvo sold 615 000 […]<\/p>\n","protected":false},"author":715,"featured_media":130727,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,4,17],"tags":[],"class_list":["post-130726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=2560%2C1707&ssl=1",2560,1707,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=300%2C200&ssl=1",300,200,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=640%2C427&ssl=1",640,427,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=640%2C427&ssl=1",640,427,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=1536%2C1024&ssl=1",1536,1024,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=2048%2C1365&ssl=1",2048,1365,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=560%2C373&ssl=1",560,373,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=2048%2C180&ssl=1",2048,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?resize=2560%2C180&ssl=1",2560,180,true]},"post_excerpt_stackable_v2":"

Due to the supply chain shortage and global economic constraints, Volvo sales dwindled by 12% last year. This hasn\u2019t affected revenue, which grew by 17%. But profit fell back, while the operational margin stuck to 3,2%. \u201cThis is not where we want to be,\u201d commented CFO of Volvo, John Ekdahl.In 2022, Volvo sold 615 000 cars, or 84 000 units less compared to the year before. The lower output is attributed almost entirely to the chip shortage. The falling numbers didn\u2019t affect turnover, though. Revenue grew to 29,2 billion euros, representing an increase of 17%. Like other carmakers, mainly in…<\/p>\n","category_list_v2":"Industry<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"\nVolvo boosts revenue and bets on EX30 to double sales - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/02\/10\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volvo boosts revenue and bets on EX30 to double sales - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Due to the supply chain shortage and global economic constraints, Volvo sales dwindled by 12% last year. This hasn\u2019t affected revenue, which grew by 17%. But profit fell back, while the operational margin stuck to 3,2%. \u201cThis is not where we want to be,\u201d commented CFO of Volvo, John Ekdahl.In 2022, Volvo sold 615 000 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2023\/02\/10\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-10T10:57:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-11T10:50:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2023\/02\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/a5b306e499388c9ea0a3a4f6704d7081\"},\"headline\":\"Volvo boosts revenue and bets on EX30 to double sales\",\"datePublished\":\"2023-02-10T10:57:27+00:00\",\"dateModified\":\"2023-02-11T10:50:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/\"},\"wordCount\":522,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/254901_Volvo_Car_Corporation_-_Headquarters-scaled.jpg?fit=2560%2C1707&ssl=1\",\"articleSection\":[\"Industry\",\"Top Stories Today\",\"Weekly Newsletter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/02\\\/10\\\/volvo-boosts-revenue-and-bets-on-ex30-to-double-sales\\\/\",\"name\":\"Volvo boosts revenue and bets on EX30 to double sales - 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