Volvo Car AB (publ.) Reports Sales Results for the Month and First Quarter Ended March 2024
April 04, 2024 at 03:00 am EDT
Volvo Car AB (publ.) reported sales results for the month and first quarter ended March 2024. For the month, the company reported sales of 78,970 cars compared to 63,132 cars a year ago, an increase of 25% compared to the same month last year, and an all-time high for global sales during a single month.
For the quarter, the company reported sales of 182,687 cars compared to 162,938 cars a year ago. The main reason for the decline is the timing of the Lunar New Year in China, an increase of 12% compared to the same period last year.