Volvo Cars reports 30% sales drop in September

October 4, 2021

STOCKHOLM (Reuters) – Volvo Car Group’s monthly sales fell 30.2% from a year ago in September, the Sweden-based automaker said on Monday.

The company warned last month that sales volumes in the second half of 2021 could fall year-on-year after production cuts due to material shortages.

(Reporting by Helena Soderpalm, editing by Supantha Mukherjee)

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