Volvo Cars' June sales rise on fully electric model boost

COPENHAGEN, July 04 (Reuters): Volvo Cars' sales in June rose 8 per cent to 71,514 cars from a year earlier, underpinned by strong performances in Europe and Latin America as well as for its new fully electric model EX30, the Sweden-based automaker said on Thursday.

Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement that sales of fully electric and plug-in hybrid models were up 41 per cent, and also account for 48 per cent of its global car sales.

"As June comes to a close, the sales figures for the month are proof of the successful steps we have taken toward our long-term strategic direction and the continued demand for our cars," the company.

Sales in Europe, the biggest market for Volvo Cars, rose 34 per cent in June to 36,474 year-on-year.