Brief: Volvo Car March-May Sales Fall 5.5% Y/Y
BRIEF-Volvo Car March-May Sales Fall 5.5% Y/Y June 3 (Reuters) - Volvo Car AB VOLCARb.ST:
FULLY ELECTRICS COMPRISED 23% OF CAR SALES IN MARCH-MAY
HYBRID PLUG-INS COMPRISED 25% OF CAR SALES IN MARCH-MAY
REPORTS ROLLING THREE-MONTH SALES FOR THE PERIOD ENDING MAY 2026
MARCH-MAY SALES -5.5% Y/Y
MARCH-MAY FULLY ELECTRIC CAR SALES +10 Y/Y
SALES IN CHINA REMAIN UNDER PRESSURE, AS OVERALL INDUSTRY VOLUMES CONTINUE TO DECLINE IN DOUBLE-DIGITS FOR CONSECUTIVE MONTHS
IN U.S., THERE ARE EARLY SIGNS OF A RECOVERY FOR BOTH INDUSTRY AND VOLVO CARS, WHICH IS REFLECTED IN GRADUAL IMPROVEMENT IN DELIVERIES
DESPITE ALL EXTERNAL CHALLENGES, WE CONTINUE TO GROW IN EUROPE THROUGH ELECTRIFICATION
Source text: ID:nL8N42B0C0
Further company coverage: VOLCARb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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