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Finance

Volvo Cars sales volumes down 12% in June, fully electric fall 26%

Published by Global Banking and Finance Review

Posted on July 2, 2025

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STOCKHOLM (Reuters) -Volvo Cars sold 62,858 cars in June, 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 26% to account for 22% of total sales volumes.

Sales of electrified cars as a whole, also including plug-in hybrids, were down 19% to account for 44% of total sales volumes.

(Reporting by Jagoda Darlak, editing by Anna Ringstrom)