Volvo Cars reports sales of 42,067 cars in February, share of electrified cars increased to 33%
Volvo Cars reports sales of 42,067 cars in February, a decline by 17.2 per cent compared with the same month last year. Demand for Volvo Cars products remains strong. As the supply chain constraints continue to slowly ease, production is improving month over month. The company is approaching its year-ago production levels, which is still below ambition. Production volumes will typically impact retail deliveries with a delay of 2-3 months. Supply shortages will remain a constraining factor for Volvo Cars and the auto industry. The escalating military conflict in Ukraine may have a