Volvo Cars posts record March sales
Shares in the company rose 4% in early trade on Stockholm's stock exchange. Total sales in Europe, Volvo Cars' biggest market, grew 33%, with sales of fully electric cars increasing 66% from a year ago. In the United States, total sales rose 50%, while sales of fully electric cars declined 66%.

Volvo Cars' 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 4% in early trade on Stockholm's stock exchange.
Total sales in Europe, Volvo Cars' biggest market, grew 33%, with sales of fully electric cars increasing 66% from a year ago. In the United States, total sales rose 50%, while sales of fully electric cars declined 66%.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- China
- Stockholm
- Volvo Cars
- Sweden
- Europe
- Volvo Cars'
ALSO READ
China Advances Nuclear Technology, Deepens IAEA Partnership for Peace and Progress
The ‘chinamperos’ have provided Mexico City with food for generations. Do they have a future?
China Braces for Typhoon-Like Gales Disrupting Travel and Historic Sites
US Plans to Stockpile Ocean Metals in Bid to Counter China
U.S. Plans Deep-Sea Metals Stockpile to Challenge China's Rare Earth Dominance