Volvo Car’s Sales Fall as Challenging Industry Conditions Continue

Volvo global sales drop 10% in November amid structural changes

On the Dash: Volvo’s global sales fell 10% in November, continuing an 8% year-to-date decline. Electrified vehicles, including fully electric and plug-in hybrids, now account for half of Volvo’s total sales. U.S. demand remains weak due to the end of federal EV tax credits, despite strong performance in China’s electrified segment. Volvo Cars reported a 10% decline in global sales for November, continuing a year-long decline amid structural and…

Volvo Car’s Sales Fall as Challenging Industry Conditions Continue

Global sales fell 10% on year in November but the company said it was encouraged by its electric-car sales growth and by accelerated deliveries of its long-range plug-in hybrid in China.