Volvo Cars sales up 10 per cent in April
Volvo Cars reports global sales of 51,976 cars in April, up 10 per cent compared with the same month last year. The sales growth was primarily driven by the company’s fully electric cars. In April, Volvo Cars' electrified Recharge models, with a fully electric or plug-in hybrid powertrain, made up 40 per cent of all Volvo cars sold globally. For fully electric cars, the same share ended up at 17 per cent. For the January-April period, Volvo Cars' sales reached 214,914 cars, up 10 per cent compared to last year. European sales grew to 20,804 cars for April, up 5 per
The period in summary
Group key ratios
01/01/23 01/01/22 01/01/22 -31/03/23 -31/03/22 -31/12/22 Net sales 1 483 1 172 9 684 Operating result -17 441 -10 697 -64 413 Result after -17 476 -10 726 -64 155 financial items Cash flow from -9 885 -17 962 -69 790 operating activitiesCash flow for the -10 750
