Volvo Cars Reports Double-Digit Sales Drop in June, EV Sales Plummet 26%
Volvo Cars faced a tough month in June, with sales falling 12% compared to last year. The company sold 62,858 vehicles, marking its fourth straight month of decline, driven by trade tariffs and weaker demand for electric vehicles. This drop, especially the 26% crash in EV sales, shows the automaker is facing some tough times…