Volvo Car Sales Fall 16% as U.S. and China Demand Weakens
Volvo Car said it sold 141,656 cars in the three months through October, down 16% year over year, citing continued challenging market conditions in the U.S. and China.
By Dominic ChoppingSTOCKHOLM--Volvo Car said global sales fell 16% on year in the three months through October, with demand hit by continued challenging market conditions in the U.S. and China.The Swedish automaker, which is majority-owned by China's Zhejiang Geely Holding Group, sold 141,656 cars…