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Volvo Cars’ sales rise 10% y/y in January

2024.02.05 03:36


© Reuters. FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV automobile throughout an occasion in Milan, Italy June 7, 2023. REUTERS/Claudia Greco

STOCKHOLM (Reuters) -Volvo Cars’ sales elevated 10% to 53,402 automobiles in January from a yr earlier, the Sweden-based group stated on Monday.

Volvo (OTC:) Cars, which is majority-owned by China’s Geely Holding, stated in a press release sales in Europe, its largest market, had been up 8% whereas in the United States they had been unchanged. In China, they had been up 36%.

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