Volvo Cars’ December sales rise 4.6% y/y

HELSINKI (Reuters) – Volvo Cars’ sales grew 4.6% to 76,015 cars in December from a year earlier, the Sweden-based group said on Friday.

Fully electric and hybrid cars in December made up 55% of all cars sold in Europe, the company’s biggest market, the automaker said in a statement.

December sales rose by 4% in Europe, fell by 6% in China and rose by 23% in the United States, it added.

Volvo Cars is majority-owned by China’s Geely.

(Reporting by Essi Lehto, editing by Terje Solsvik)

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