January 5, 2017 / 10:33 AM / in a year

Volvo Cars sales hit record in 2016 despite December dip

STOCKHOLM, Jan 5 (Reuters) - Geely’s Volvo Car Group:

* Volvo Cars says 2016 sales hit record, increasing 6.2 percent year-on year to 534,332 cars

* Says sales in Dec fell 2.1 percent year-on-year, hit by declines in Sweden and Western Europe

* Says record 2016 was driven by solid growth in all major sales regions, including double-digit increases in its two largest markets China and the United States

* Says looking ahead, Volvo is confident that 2017 will be another record year in terms of sales

Source text: here

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