Volvo Doubled Down on SUVs—But U.S. Sales Still Plunged 32%
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Volvo's US sales have declined, despite the company's focus on SUVs. The decline in US sales is part of a larger trend affecting the auto industry, with other manufacturers also experiencing sales drops. The cause of the decline is unclear, with possible factors including a slump in electric vehicle sales, lower fleet shipments, and a chip shortage.
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