Volvo Cars aims to break even on EBIT level in 2012


PARIS, Sept 27 (Reuters) - Zhejiang Geely-owned Volvo Cars is targeting a profit after interest and tax this year even as vehicle sales are likely to edge lower, its finance chief said on Thursday. "Our target is to break even on an EBIT level for the whole of this year," CFO Jan Gurander said at the Paris auto show. Volvo Cars posted 239 million Swedish crowns ($36.09 million) in earnings before interest and tax in the first half. "We sold close ...

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