Volvo Cars January sales down 5%
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Volvo Cars reported a 5% decrease in sales for January, selling 50,820 cars. The decline is attributed to the timing of the Chinese New Year.
February 04, 2025 | 8:30 am
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Volvo Cars experienced a 5% decline in sales for January, attributed to the timing of the Chinese New Year, impacting their short-term revenue outlook.
The 5% decline in sales is directly linked to the timing of the Chinese New Year, which is a significant factor for Volvo's market performance in China. This is likely to impact short-term revenue expectations negatively.
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