Volvo January 2020 Sales
Volvo cars reported global sales of 45 752 cars in january down 9 7 per cent compared with the same period last year.
Volvo january 2020 sales. However despite the january result volvo cars continues to expect a growth in global volumes for the full year of 2020. Volvo cars reported global sales of 45 752 cars in january down 9 7 per cent compared with the same period last year. Earnings were impacted by lower machine volumes and an unfavorable machine mix.
Volvo cars reports sales of 45 752 cars in january. Despite the january result volvo cars continues to expect a growth in global volumes for the full. Word doc doc 16 6kb.
During the first three months of 2020 volvo ce saw net sales decrease by 17 to sek 20 148 m sek 24 155 m in q1 2019. For volvo trucks the sale for january 2020 was recorded to be 156 units in comparison to 98 units that were sold in january 2019 translating in an increase by 59 2. Feb 04 2020 id.
This was reflected in the operating margin which at 13 3 was slightly down on the 15 1 in the same period the year before. Volumes last month were impacted due to a new updated tax system in sweden and a lower sales performance in china. In the us sales recovered quicker than expected as more states loosened restrictions put in place due to the coronavirus pandemic.
Volvo sales in january were significantly affected by the updated tax system in sweden and lower sales in china which brings the overall global result down by 9 7 year over year to 45 752. Volumes last month were impacted due to a new updated tax system in. At sek 2 678 m operating income also slipped down from sek 3 646 m in the same period of 2019.
In terms of exports a decline of 18 1 was seen with 517 units being sold in january 2020 whereas 631 units were sold in january the previous year. Pdf pdf 117 0kb.
