STOCKHOLM (Reuters) – Volvo Cars’ sales grew 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in Europe and the U.S., the Sweden-based group said on Thursday.
Volvo Cars, which is majority-owned by China’s Geely Holding, said in a statement that sales of its recharge models – hybrid and fully electric cars – grew 37% to account for 34% of all its cars sold in the month.
In August, the group’s total sales were up 18% on the back of increased demand in Europe and the U.S. while sales fell in China.
(Reporting by Anna Ringstrom, editing by Essi Lehto)
