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Volvo Cars reports 30% sales drop in September By Reuters

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© Reuters. FILEPHOTO: Volvo’s logo was displayed at Hanover’s IAA Truck Show on September 22, 2016. REUTERS/Fabian Bimmer

STOCKHOLM – Volvo Car Group said Monday that its September monthly sales were down by 30.2% compared with September last year.

According to the company, sales volumes could plummet in the second quarter of 2021 due to production reductions resulting from material shortages.

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