STOCKHOLM (Reuters) -Volvo Cars sold 62,858 cars in June, down 12% from a year earlier, the Sweden-based company said on Wednesday. Volvo Cars, which is majority-owned by China's Geely, said in a
Volvo Cars Reports 12% Decline in June Sales, Electric Models Down 26%
STOCKHOLM (Reuters) -Volvo Cars sold 62,858 cars in June, down 12% from a year earlier, the Sweden-based company said on Wednesday.
Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 26% to account for 22% of total sales volumes.
Sales of electrified cars as a whole, also including plug-in hybrids, were down 19% to account for 44% of total sales volumes.
(Reporting by Jagoda Darlak, editing by Anna Ringstrom)
