Volvo sales hit by coronavirus
Volvo Cars sold 131,889 cars in the first quarter of 2020, down 18.2% compared with the same period last year.
In March, Volvo Cars global sales reached 46,395 cars, down 31.2% compared with the same period last year, led by weakening demand in Europe and the US.
China meanwhile is showing signs of recovery, as showroom traffic continues to improve.
Sales during the quarter reached 20,780 cars, down 30.5% as compared with the same period last year, primarily due to the lower sales performance in January and February. In March, showroom traffic in the region started to pick up pace and earlier this month Volvo Cars also reopened its four manufacturing plants in China.
