Volvo Cars sales in June 2023 increased 33% year on year to 66,379 units.

Zhejiang Geely Holding (Geely Holding) of China owns Volvo Cars.

Until 1999, Volvo Cars was a subsidiary of the Swedish Volvo AB (OTC:VLVLY).

Ford Motor Company (NYSE:F) is an American automobile manufacturer. Geely Holding purchased Volvo Cars in 2010.

The company's drove the overall sales gain.

Electric vehicle sales have doubled since the same time previous year.

Volvo Cars' Recharge lineup of electric vehicles.

In June, completely electric or plug-in hybrid powertrains climbed by 129%, accounting for 37% of all Volvo vehicles.