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VOLCAR B — Volvo Car AB News Story

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Brief: Volvo Cars May–July Fully Electric Car Sales Up 21% Y/Y

BRIEF-Volvo Cars May–July Fully Electric Car Sales Up 21% Y/Y

- Volvo Car AB VOLCARb.ST:

  • MAY-JULY SALES -4% Y/Y

  • MAY-JULY FULLY ELECTRIC CAR SALES UP 21% Y/Y

  • FULLY ELECTRICS COMPRISED 27% OF CAR SALES IN MAY-JULY

  • HYBRID PLUG-INS COMPRISED 26% OF CAR SALES IN MAY-JULY

  • SALES IN U.S. DEMONSTRATED RECOVERY FOR THIRD CONSECUTIVE MONTH WITH A DOUBLE DIGIT INCREASE

  • DELIVERIES IN EUROPE REMAINED STEADY WITH MODERATE GROWTH

  • SALES PERFORMANCE FOR PERIOD WAS SIGNIFICANTLY IMPACTED BY MARKET DOWNTURN IN CHINA

  • OUR PERFORMANCE IN EUROPE REMAINS RESILIENT, DRIVEN BY FULLY ELECTRIC CARS, EX30 AND EX40

Source text: ID:nWkr2BMdDp

Further company coverage: [VOLCARb.ST]


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