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Volvo sales up internationally

TT/The Local
TT/The Local - [email protected]
Volvo sales up internationally

Volvo Cars' global sales rose 8.8 percent in July compared to the same month last year, according to a statement issued by the company on Friday.

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Sales rose by 12.8 percent in Europe, 24 percent in Japan, 66.9 percent in Russia and 148.1 percent in China. In North America, sales fell by 7.8 percent.

"Sales are in line with our expectations and are a result of the launches of a number of new models," said CEO Fredrik Arp.

Gothenburg-based Volvo Cars is a subsidiary of American car giant Ford.

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