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Volvo Cars Nov Sales Drop 10% YoY on Tariffs & Dull US Mkt
2025-12-04 08:45:17 Weighed by tariffs and weak demand from the US market, Volvo Cars' November sales fell by 10% YoY to 60,244 cars. In fact, its sales have already dropped by 8% YTD. Erik Severinson, Chief Commercial Officer at Volvo Cars, cited the latest sales data saying that the company and even the entire industry are facing structural and transformational challenges. Last month, sales of pure electric vehicles increased by 4% YoY, accounting for 24% of total sales, while sales of electric vehicles (including plug-in hybrids) decreased by 5%, making up 50% of total sales. ~ AAStocks Financial News Web Site: www.aastocks.com | |