Company Results for Q1, 2020.

by Apr 23, 2020

Sales in the first quarter declined by 17% as a result of a decrease in demand due to COVID-19. Sales in all segments decreased except for in South America where it increased by 2%. According to PTR the company’s market share in 2019 was 5.1%. Link to the news: https://www.volvoce.com/global/en/news-and-events/press-releases/2020/sales-slip-17-in-volvo-ces-first-quarter/