Volvo’s global sales slump 11% in Q1
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Volvo's global sales decreased by 11% in the first quarter. The decline was reportedly partly offset by gains in electric vehicle sales in europe, which rose 12%. However, the exact nature and extent of the sales drop is unclear, with some reports citing different factors and timeframes, including a possible less than expected drop in profit and a 5.5% decline in march-may sales volumes.
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