Volvo China sales edge up 1.1% in May

Volvo Car Group said its China sales rose 1.1 percent year on year in May to 7,045 vehicles, a sign that the Swedish automaker is not fully recovered from the doldrums of 2015.
For the first five months, Volvo sales climbed 6.3 percent to 32,961 vehicles.
To spur sales, Volvo put the chief of its Taiwan business unit, Chen Lizhe, in charge of China sales effective Wednesday, June 1. His predecessor, Fu Qiang, resigned last month.
Volvo, previously owned by Ford Motor Co., was acquired by private Chinese carmaker Zhejiang Geely Holding Group Co. in 2010.
While China remains Volvo's largest market, the company's midterm annual sales goal of 200,000 vehicles could be tough to reach unless sales pick up this year.
In 2015, Volvo deliveries in China were virtually flat at 81,588 vehicles.

Source:Automotive News China

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