.jpg?20230329')
STOCKHOLM - Sweden-based Volvo Car AB said on Friday its sales increased by 2% year-on-year in January to 48,520 cars, but tumbled in China due to public holidays.
Volvo Cars, which is majority-owned by China's Geely Holding, said the increase at group level was led by markets such as Britain, Italy and Belgium while in China sales fell 20% due to the timing of the Chinese New Year.
Its shares fell 3% on the news in early trade.
&uuid=(email))