Volvo’s July sales affected by Covid-related lockdowns in China CarWale


Source: carwale.com carwale.com

Key Topics in this News Article:

News Snapshot:

- Volvo is anticipating retail sales to be flat or slightly lower for the full year 2022 compared with volumes in 2021. - XC60, XC40 and the XC90 remained top selling models for the brand. Volvo reported sales of 44,664 cars in July, down 21.5 per cent compared to the same month last year. The brand has revealed that its sales continued to be affected by supply constraints being carried over from previous months due to Covid-related lockdowns in China. This particularly affected retail deliveries of Recharge cars during the month and is expected to continue to affect the company’s...