Published by Global Banking & Finance Review®
Posted on February 4, 2026
1 min readLast updated: February 4, 2026
Add as preferred source on GoogleVolvo Cars experienced a 7% decline in sales from November to January, selling 177,830 cars. This decrease is compared to the same period last year.
COPENHAGEN, Feb 4 (Reuters) - Sweden-based Volvo Cars sold 177,830 cars in the November-January period, down 7% from the same period a year earlier, it said on Wednesday.
Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement sales volumes for fully electric models rose 13% to account for 24% of all cars sold in the period.
Meanwhile, sales of electrified cars as a whole, also including plug-in hybrids, were down 2%.
"Sales figures from the past three months highlight a challenging market across regions with continued pricing and competitive pressures, further worsened by unfavourable regulatory developments in the U.S.," Volvo Cars said.
Shares in the company, which is due to publish its earnings report for 2025 on Thursday. were up 1.5% in early trade.
In the full year 2025, sales volumes dropped 7%.
(Reporting by Louise Rasmussen, editing by Anna Ringstrom)
Sales volume refers to the total number of units sold by a company during a specific period. It is a key indicator of a company's performance and market demand.
The automotive industry encompasses all companies and activities involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It includes automakers, suppliers, and dealerships.
Explore more articles in the Finance category
