* Stake sale not at loss, AP1 says
(Adds comments from AP1, AMF, Volvo, details):
STOCKHOLM (Reuters) - Sweden’s national pension fund has sold its preference shares in Volvo Cars after concluding it saw no clear intention to list within the next 12 months from the Geely-owned carmaker. Volvo’s fortunes have turned since Geely bought it in 2010 and its popular new premium models now compete with larger rivals Daimler (DAIGn.DE) and Volkswagen (VOWG_p.DE), but its initial public offering plans stalled earlier this year.