Finance
Volvo Cars Sales Fall 14% in July
Published by Global Banking & Finance Review®
Posted on August 4, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleGlobal Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 4, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleVolvo Cars experienced a 14% sales drop in July, with electric vehicle sales down 26%, affecting overall electrified car sales.
COPENHAGEN (Reuters) -Volvo Cars sold 49,273 cars in July, down 14% from a year earlier, the Sweden-based company said on Monday.
Volvo Cars, which is majority-owned by China's Geely, said in a statement that sales of fully electric cars fell 26% to account for 21% of total sales volumes.
Sales of electrified cars as a whole, also including plug-in hybrids, were down 21% to account for 45% of total sales volumes.
(Reporting by Louise Rasmussen, editing by Essi Lehto)
Volvo Cars reported a 14% decline in sales for July, selling 49,273 cars.
Sales of fully electric cars fell by 26%, accounting for 21% of total sales volumes.
Sales of electrified cars, including plug-in hybrids, were down 21%, making up 45% of total sales volumes.
Explore more articles in the Finance category
