Volvo Cars rises after it posts record March sales

Volvo Car AB

04/04/2024 08:41

** Shares in Volvo Cars  VOLCARb.ST  rise around 4% after
its 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
    ** In Q1, total sales rose by 12%, amounting to 182,687 cars
sold globally
    ** The company said its new fully electric small SUV EX30
contributed to the March sales growth, as well as "strong sales
performance" in Europe and the U.S. 
    ** The stock is among top performers on pan-European STOXX
600  .STOXX  in early trading on Thursday

 (Reporting by Greta Rosen Fondahn)
 ((Greta.RosenFondahn@thomsonreuters.com))