Volvo Cars sales fall 12% in May

COPENHAGEN (Reuters) -Volvo Cars sold 59,822 cars in May, down 12% from a year earlier, the Sweden-based company said on Wednesday.

Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 27% to account for 21% of total sales volumes.

Sales of electrified cars as a whole, also including plug-in hybrids, were down 20% to account for 44% of total sales.

(Reporting by Louise Rasmussen, editing by Stine Jacobsen)