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Volvo Automobiles reported gross sales of 43,666 vehicles in August, down 4.6% in contrast with the identical month final yr. The corporate’s line of Recharge fashions represented 21.9% of the gross sales final month, with totally electrical automobiles accounting for five.7% of gross sales.
The optimistic pattern in manufacturing continued into August, nonetheless the tempo of normalization was affected by energy cuts and Covid-19 outbreaks in China. As well as, lack of availability of elements, notably semiconductors, continues to affect manufacturing output, which impacted Volvo Automobiles’ retail deliveries throughout the month.
European gross sales for August reached 10,995, down 15.8% in contrast with the identical month final yr. Gross sales of Recharge vehicles accounted for 48% of the whole gross sales within the area throughout the month. Recharge gross sales in August 2021 accounted for 47% of European gross sales. All electrical gross sales in August 2022 represented 13.2% of the whole, up from 5.9% in August 2021.
Volvo Automobiles’ US gross sales for the month reached 8,136 vehicles, down 23.9% in contrast with August final yr, with Recharge fashions making up 17% of the whole gross sales—down a bit from August 2021 (18.5%). Totally electrical fashions accounted for two.5% of US gross sales in August 2021, down from 6.6% in August 2021.
China gross sales went up by 31% in August to 17,179 vehicles in comparison with the identical month final yr. Recharge gross sales in China accounted for 7.8% of August 2022 gross sales, down from 8.4% in August 2021.
Volvo Automobiles’ high promoting mannequin for the month was the XC60 with gross sales of 16,161 vehicles (2021: 14,972 models), adopted by the XC40 at 9,766 vehicles (2021: 11,716) and the XC90 at 7,678 vehicles (2021: 8,023 models).
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