Volvo Cars summer sales drop 7.4 percent
Volvo Cars reported a 7.4 percent decline in summer sales volume down to 148,239 vehicles. The drop was driven by market downturns in China and lower demand for electrified cars in the United States.
Insights:
Sweden-based Volvo Cars sold 148,239 vehicles over the summer months, falling 7.4% year-on-year across June, July, and August, the company said on Wednesday morning.
