Volvo announced record sales for the quarter

News

Volvo announced record sales for the quarter

14.04.2021 News

Sales growth for Volvo Cars in the first quarter of 2021 was 40.8% compared to the same period last year. He became the best in the history of the Swedish automaker.

Total sales for this period reached 185,698 cars, compared to 131,889 cars for the same period last year. Compared to the first quarter of last year, in Europe and the United States, the company was able to improve sales, overcoming the long-term effects of the pandemic. China has now coped with the effects of the pandemic, which reached its peak in the first quarter of 2020, – said a statement.

During March, Volvo sold 75,315 cars worldwide, up 62.3% from the same period last year.

It is noted that Volvo’s line of cars called Recharge, which consists of fully electric cars or plug-in hybrid models, accounted for 26% of all sales. In Europe, the share of Recharge cars in total sales was 39%.

In March, the XC40 became a bestseller – 23,958 cars sold (12,462 in 2020), followed by the XC60 with total sales of 21,186 cars (12,730) and the Volvo XC90 with 9,893 cars (5,758).

During the first three months of 2021, Volvo’s sales in China increased by 117.7% (45,242 cars), in the United States by 39.8% (27,239), and in Europe by 24% (87,457).

Other articles

Read also

Volvo announced record sales for the quarter
News

Zelensky commented on the court’s decision to dismiss NABU head Sytnyk

The President’s Office stated that the decision of the Kyiv District Administrative Court (KDAC) to dismiss NABU Director Artem Sytnyk could not be considered final, as it would be appealed. This was announced on Tuesday, October 27 by the press service of the President’s Office. The President also noted that any differences over anti-corruption bodies […]

Next
Volvo announced record sales for the quarter
News

Ukrainian Energy Week will be held on November 19-21 in Kyiv

From November 19 to 21, 2018, the key event of the year in the Ukrainian energy sector, the Ukrainian Energy Week ’18, will take place in the NSC “Olimpiyskiy”. Here will meet the most influential representatives of national and foreign companies, which will turn the location into a central place for B2B and B2C communications […]

Next
Volvo announced record sales for the quarter
News

The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand

Until quite recently, the Petcube took the lead position in the Ukrainian niche of gadgets for pets. But a startup team of the Moggie project proved their importance. The company is developing a smart collar for cats and mobile application, which in pairs or individually will allow owners to monitor the health of their pets, […]

Next
Volvo announced record sales for the quarter
News

Nord Stream-2 is 95% ready

The Nord Stream-2 project is already 95% built. Russian Deputy Prime Minister Alexander Novak said so. Novak is confident that the pipeline will be completed, despite US actions. “This project is fully compliant with European law. It is just a competition from American partners. They want to supply their liquefied natural gas to Europe. That […]

Next
Volvo announced record sales for the quarter
News

IPO Snowflake may become one of the most popular in 2020

IPO Snowflake, which will take place on the NYSE, will be held at the higher price than announced in early September. On Monday, according to SEC applications, Snowflake, a company that makes storage software, raised its projected stock price to $ 100- $ 110, while the market valuation of the company could grow to $ […]

Next
Volvo announced record sales for the quarter
News

The container operator of the Ukrzaliznytsia will build a grain terminal

The container operator of the Ukrzaliznytsia the Liski Company, plans to create Portside grain terminal with a capacity of about 15 thousands TEU in a year. It is reported by the UkrAgroConsult. According to the report, the new facility will be located in the territory of the structure Odessa-Liski, which serves the container flows of […]

Next
Volvo announced record sales for the quarter
News

The Antimonopoly Committee of Ukraine gave the “Gazprom” two months to pay the fine

The Antimonopoly Committee of Ukraine explained its fine to the “Gazprom” in the amount of 86 billion UAH refferint to noncompliance of contact relations from 2009 on gas transit through the Ukrainian territory by the Russian company, with the result that the “Naftogaz” lost significant incomes from the reduction of pumping volume of the fuel […]

Next
Volvo announced record sales for the quarter
News

Investors will build a plant for processing oil in Sumy region

Investors will build a plant  for processing oil in Sumy region. This was discussed during the meeting of the regional state administration Mykola Klochko and a director of investors company, representative of the Azerbaijani diaspora, Elin Aliyev. “Sumy has a considerable agro-industrial potential and prerequisites for the development of the processing industry. We are interested […]

Next
Volvo announced record sales for the quarter
News

Bezos is no longer the richest man in the world: the owner of LVMH overtook him

LVMH CEO Bernard Arnault topped the list of the world’s richest people with a fortune of $ 186.3 billion, surpassing Amazon founder Jeff Bezos by $ 300 million. This was reported by Forbes. The top three also included Tesla and Space X chairman Elon Musk ($ 147.3 billion). According to the publication, Arno’s wealth increased […]

Next
Volvo announced record sales for the quarter
News

Coca-Cola cannot produce kvass in Ukraine during the next two years

The Antimonopoly Committee of Ukraine ordered the Irish “daughter” of Coca-Cola to refrain from the competing with the “Kvass Beverages” company, which it  sold to the Nova Intertrade Ltd company (Belize) for two years. “The European Refreshments company undertakes not to exercise, not to have a stake, and not to contribute to competitive activity in […]

Next
Volvo announced record sales for the quarter
Analytics

Where does the nationalization lead? Ukrainian context

Against the background of recent events, the issue of nationalization of enterprises in Ukraine is currently discussed with enviable activity. Even those citizens for whom this issue is not a subject of personal interest, were involved in some sort of discourse on the advantages and disadvantages of this process. What is the sense of nationalization, […]

Next
Volvo announced record sales for the quarter
News

Financial Times reported fall of a dollar to 20%

With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]

Next
Volvo announced record sales for the quarter
News

Groisman promised to create “entry point” for foreign investment  

In September 2016, the Ukrainian government will open an office, which is financially supported by private equity fund for support investment from abroad. It is about WNISEF (Western NIS Enterprise Fund), which was established in 1994 with a capital of $ 150 million, for the amount, which was paid by the US government. This kind […]

Next
Volvo announced record sales for the quarter
News

UIA changed its profit to a loss in the year of the corona crisis

UIA, the largest airline, suffered UAH 4.5 billion in losses last year, compared to UAH 1.6 billion in profit a year earlier. It is said in a statement. It is noted that in 2020, UIA’s assets decreased from UAH 14.9 billion to UAH 9.2 billion, total receivables increased to UAH 1.619 billion from UAH 969 […]

Next
Volvo announced record sales for the quarter
News

Intellias Becomes the Employer of Choice for IT Professionals According to EY Best Employer Survey – 2020

Intellias has been recognized among the best IT service companies according to the annual Best Employer Survey by EY Ukraine. During this survey, the industry’s professionals and students ranked the best IT employers and specified employer attractiveness criteria. Among other Top 10 IT employers the professionals also mentioned Ciklum, EPAM, Genesis, GlobalLogic, Google, Grammarly, MacPaw, […]

Next
Volvo announced record sales for the quarter
News

In Kiev passed OSAC quarterly meeting dedicated to providing business

December  7, 2015 in Kiev in Radisson Blu Hotel passed a regular consultation meeting Overseas Security Advisory Council (OSAC). OSAC is an advisory body on security of US citizens and businesses abroad. It operates under the auspices of the US State Department. OSAC activities abroad aimed at cooperation in the security business. The composition of […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com