Volvo Car Corporation has reported a fall of almost 6% in retail sales in the first 10 months of the year although it added that the decline is levelling off.
Volvo Car Corporation has reported a fall of almost 6% in retail sales in the first 10 months of the year although it added that the decline is levelling off.
The Swedish carmaker, which was bought from Ford by China’s Zhejiang Geely in 2010, said sales totalled 347,532 cars in the 10-month period.
The company, has seen weakening demand in several key markets and has scaled back production at its main plants. It added that retail sales in October were down 1.8% from a year ago to 34,843 cars.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
