Volvo Cars sales up 31% in May as supply constraints ease
, has begun recovering from 2022's setbacks, sales figures have consistently been up for the past few months.
Still, automakers' worries are not yet over as high costs linger. That forced the company recently to commence a cost-slashing effort that has seen 1,300 jobs being cut.In the company's biggest market, Europe, sales rose 40%, while sales were up 49% in China and 14% in the United States, Volvo Cars said in a statement.
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