Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 5,356 vehicles for the month of March, a 21.9 percent decrease. Year to date sales are down 17.6 percent.
XC90 continues to see strong global demand, which has impacted supply in the US market. Increased production is expected to begin in Q2 onwards. Year to date, total sales excluding XC90 are up 4.5 percent.
Volvo is implementing a sweeping $11 billion transformation plan that has involved the development of its own modular vehicle architecture, a new engine range, global manufacturing capability, a completely renewed product range and world leading developments in safety, autonomous driving and connectivity.
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