Volvo Cars sold 70,737 cars in March, down 10 per cent from a year earlier as sales of fully electric cars tumbled, the Sweden-based company said on Wednesday, sending its shares down.
Volvo Cars, which is majority-owned by China’s Geely, said in a statement sales in Europe were down 9 per cent while in the United States and China they were down 8 per cent and 22 per cent, respectively.
