In China, Volvo Cars is adapting to lower demand and focusing on stabilising the business rather than chasing volumes. (EPA Images pic)STOCKHOLM: Sweden-based Volvo Cars sold 141,656 vehicles in the three months through October, down 16% from the same period a year earlier, the company said on Wednesday.
Fully electric car sales volumes rose 27% to account for 34% of total sales, while plug-in hybrid sales fell 30%, accounting for 20% of volumes, it said.
"In China, we are adapting to lower demand and focusing on stabilising the business rather than chasing volumes," the company said in a statement.
"In Europe, underlying demand for our fully electric cars remains strong, particularly for the EX60, with orders already exceeding 50,000 cars".
