Volvo Car Sales Rose 2% on Year in January
03 February 2023 - 07:46PM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Volvo Car AB said Friday that car sales rose 2% on
year in January.
The Swedish auto maker--majority owned by China's Zhejiang Geely
Holding Group--said it sold 48,520 cars in January, up from 47,561
in the same month last year.
In Europe, sales rose 14.7% to 21,436 cars, driven by markets
such as the U.K., Italy and Belgium, while sales in China fell
19.5% to 11,783 cars due to the timing of the Chinese New Year.
The company reported a sales increase of 8.2% in the U.S. to
Volvo's recharge range of fully-electric or plug-in hybrid
models accounted for 40.7% of all Volvo cars sold globally in
January, while fully electric models accounted for 16.2% of global
sales, the company said.
Write to Dominic Chopping at email@example.com
(END) Dow Jones Newswires
February 03, 2023 03:31 ET (08:31 GMT)
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