#Coronavirus Business Report: Volvo Cars, owned by China’s Geely Holding, said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain the spread of the #COVID19 #pandemic started to ease in several markets

“While still down 25.5% in May from a year earlier, the Swedish car maker sold 44,380 cars in the month compared to the 31,760 sold in April, helped by improving showroom traffic trends in Europe, a quicker than expected recovery in the United States, and strong growth in China.”

Published: June.03: 2020: https://bitly.com/2U673tU

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