Volvo Cars sees drop in April sales
Photo: AFP
Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on Monday.
Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 32% to account for 20% of total sales volumes, News.Az reports, citing Reuters.
Shares in the company were down 2% in early trade.
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