COPENHAGEN (Reuters) – Volvo (OTC:) Automobiles’ gross sales rose 1% year-on-year in September to 62,458 vehicles, the Sweden-based automaker stated on Wednesday.
Volvo Automobiles, which is majority-owned by China’s Geely Holding, stated in a press release that complete gross sales in Europe, the most important marketplace for Volvo Automobiles, had been up 23%, whereas gross sales in the USA and China fell by 22% and 16%, respectively.
“The general market image stays unstable and unsure, however we’re inspired by a stable efficiency in Europe, particularly for our electrified automobile portfolio,” deputy CEO and Chief Industrial Officer Bjorn Annwall stated within the assertion.
