China Demand Drives Volvo Car Sales to 13.5% September Gain

Newswire

STOCKHOLM, Oct 3 (Reuters) - Chinese-owned automaker Volvo Car Group said on Thursday sales of its cars rose 13.5 percent year-on-year in September, its third straight month of rising sales, on the back of strong growth in China and Europe. The Sweden-based company sold 40,952 cars in September as sales shot up 49 percent in China and 24 percent in Europe, eclipsing a decline of 16 percent in the United States. The company, which ran a loss in the first half of the year, said in a ...

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