STORY: :: Volvo
Volvo's sales volume dropped 10% in the three months through February.
The automaker on Wednesday attributed this to U.S. tariffs and other market headwinds, including a prolonged new year holiday in China.
But it said sales of fully electric cars jumped.
The Swedish firm, majority-owned by China's Geely Holding, reported almost 157,000 sales in the three months.
With volumes of fully electric cars increasing 18% to account for a quarter of all sales.
But sales in the whole electric car range, including hybrids, was slightly down.
Volvo Cars said earlier it would increase production of its new fully electric EX60 SUV.
It's due to start being produced in Sweden during spring to meet strong demand in key markets like Germany.
:: Volvo
The group last month reported a 68% dive in fourth-quarter profit.
It forecast year-on-year growth in 2026 but braced for what it termed "a persistently tough external environment."
:: File
U.S. President Donald Trump initially hiked import tariffs on cars from the EU to 27.5% from 2.5% during last year's push to reset Washington's global trade relations.
That was later reduced to 15%, applied retroactively to August 1.
:: Volvo
Shares in Volvo Cars were roughly unchanged in morning trade.
Year-to-date, shares are down 25%.
