Volvo Cars March sales rise 25% year-on-year (updated)

Volvo Car AB

04/04/2024 08:23

(Adds detail on sales, share reaction)
       COPENHAGEN, April 4 (Reuters) - Volvo Cars'  VOLCARb.ST 
sales rose 25% in March from a year earlier to 78,970 cars,
reaching an all-time high for global sales in a single month,
the Sweden-based group said on Thursday.
    Volvo Cars, majority-owned by China's Geely Holding, said in
a statement sales of fully electric cars were up 43% and
accounted for 23% of all sales globally in the month.
        Shares in the company rose 6% in early trade on
Stockholm's stock exchange. 
  

 (Reporting by Louise Breusch Rasmussen, editing by Stine
Jacobsen)
 ((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79;))