Representatives of the brand previously stated that such a dynamic is possible, and the second half of the year in terms of sales volumes may turn out to be difficult.
According to Reuters, global Volvo sales in September fell by 30.2%. The main reason was the lack of semiconductors – there were potential customers, but there were almost no stocks of cars.
In total, Volvo dealers around the world have sold a little more than 47 thousand cars. Interestingly, the decline in sales turned out to be extremely uneven – in Europe they almost halved, and in the USA by only 9%.
At the same time, Volvo noted that at the end of September the situation with the production volume was slightly improved. Volvo isn’t the only brand suffering from chip shortages. If we talk about August, then the Daimler concern was doing worse than others – “minus” 38%
European Volkswagen and Renault lost 14% and 23% respectively. BMW saw sales decline by 18% and Stellantis 29%.
We also advise you to watch a detailed test drive of the Volvo XC90 Mild-Hybrid from the FineAuto team: