Volvo sales drop globally but recover in China

Volvo sold 31,760 cars in April, a 43.8% drop on the same month last year, as the COVID-19 pandemic bit in Europe and the USA.

However, sales in China rebounded in April as showroom traffic began to return to normal levels.

Volvo sold 14,724 cars there in April, a 20.8% rise on the same month last year and a solid recovery from the 15.6% drop in Chinese sales during the first four months of this year.

In the January to April period, Volvo’s global sales were 163,649 cars, down 24.9% on the first four months of 2019.

However, Volvo’s electric and hybrid Recharge line doubled its year-on-year sales, going from 7% to 14%.