Posted: May 3, 2023 at 3:25 am ET
By Dominic Chopping
STOCKHOLM –Volvo Car said Wednesday that car sales rose 10 percent year-on-year in April.
The Swedish carmaker, majority owned by Chinese group Zhejiang Geely Holding, sold 51,976 cars in April, up from 47,150 in the same month last year.
In…
By Dominic Chopping
STOCKHOLM –Volvo Car said Wednesday that car sales rose 10 percent year-on-year in April.
The Swedish carmaker, majority owned by Chinese group Zhejiang Geely Holding, sold 51,976 cars in April, up from 47,150 in the same month last year.
In Europe, sales rose 5% to 20,804 cars, while sales in China rose 46% to 12,543 cars. The company reported a 4% drop in US sales to 9,611 cars.
Volvo’s plug-in range of fully electric or plug-in hybrid models accounted for 40% of all Volvo cars sold worldwide. All-electric models accounted for 17 percent of global sales, the company said.
Write to Dominic Chopping at dominic.chopping@wsj.com
