VOLVO BULLISH CONTINUATION Volvo Cars, based in Sweden, has announced a remarkable 21% increase in car sales for the month of July compared to the previous year. The company managed to sell 54,165 vehicles during this period, marking the 11th consecutive month of continuous year-over-year growth.
Taking a broader look at the year so far, Volvo has demonstrated impressive performance in 2023. In the initial seven months of the year, the company achieved a global car sales figure of 395,856 units. This substantial number reflects an impressive 18% growth when compared to the same timeframe in 2022. This growth can largely be attributed to the surging demand for their fully electric and plug-in hybrid models, which have captured the interest of consumers.
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