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Volvo Cars posts 6% December sales rise as recovery continues

Volvo said sales in the second half of 2020 were the strongest in its history, while full-year sales dropped 6.2% to 661,713 cars
Volvo said sales in the second half of 2020 were the strongest in its history, while full-year sales dropped 6.2% to 661,713 cars

Volvo Cars said today that its sales grew by 6% in December, marking a continued sharp recovery from the lows earlier this year in the wake of the Covid-19 pandemic. 

The company, owned by China's Geely Holding, said sales in the second half were the strongest in its history, while full-year sales dropped 6.2% to 661,713 cars. 

"We had a great second half of the year after a tough start, gaining market share in all our main sales regions," Volvo's head of Global Commercial Operations, Lex Kerssemakers, said in a statement. 

"We aim to build on this positive trend in 2021 as we continue to roll out new electrified Volvos and expand our online business," he added.

Volvo said its December sales in Europe dropped 1.8%, while China grew 9.9% and sales in the US jumped 15.2%.