Volvo Car AB (publ): Volvo Cars reports July sales

Volvo Cars reported global sales of 49,273 cars in July, down 14 per cent compared to the same period last year.

The company's sales of electrified models - fully electric and plug-in hybrid models - accounted for 45 per cent of all cars sold during July and decreased by 21 per cent compared to the same period last year. The share of fully electric cars constituted 21 per cent of all cars sold for the month, while the share of plug-in hybrid models accounted for 23 per cent.

In July, the XC60 was the top-selling model with sales of 16,813 cars (2024: 15,577), followed by the XC40/EX40, with total sales of 12,087 cars (2024: 13,818) and the XC90 at 7,266 cars (2024: 8,146).