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Volvo Cars July sales drop 21.5%, sees improvement ahead

OSLO (Reuters) - Volvo Car Group's July sales were down 21.5% from a year earlier but could rebound in the coming months, the Sweden-based automaker said on Wednesday. A shortage...
Volvo Cars July sales drop 21.5%, sees improvement ahead © Reuters. FILE PHOTO: A staff member stands in front of Volvo XC60 and XC90 SUVs displayed at its booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo

OSLO (Reuters) - Volvo Car Group's July sales were down 21.5% from a year earlier but could rebound in the coming months, the Sweden-based automaker said on Wednesday.

A shortage of semiconductors and other components has squeezed auto industry output and sales in recent quarters, but Volvo said last month it was seeing a "marked improvement" in the stabilisation of its supply chain.

"Provided this normalisation continues, the company expects production to progressively increase in the coming months," Volco Cars said in a statement on Wednesday.

"On the back of this expected improvement, the company anticipates retail sales to be flat or slightly lower for the full year 2022, compared with volumes in 2021."

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15-08-2022 05:49:02 (UTC+7)

EUR/USD

1.0260

+0.0002 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.0260

+0.0002 (+0.02%)

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↑ Buy

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Buy (9)

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Buy (6)

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GBP/USD

1.2131

+0.0001 (+0.01%)

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Sell

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USD/JPY

133.51

+0.04 (+0.03%)

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↑ Sell

Moving Avg:

Buy (3)

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AUD/USD

0.7118

-0.0003 (-0.04%)

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↑ Sell

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USD/CAD

1.2777

+0.0003 (+0.03%)

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Neutral

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EUR/JPY

136.98

+0.06 (+0.04%)

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Neutral

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EUR/CHF

0.9662

+0.0006 (+0.06%)

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Neutral

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Gold Futures

1,816.25

-2.15 (-0.12%)

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Silver Futures

20.773

-0.062 (-0.30%)

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Copper Futures

3.6612

-0.0171 (-0.46%)

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Buy

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Crude Oil WTI Futures

91.73

-0.15 (-0.16%)

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Brent Oil Futures

97.74

-0.41 (-0.42%)

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Buy

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8.703

-0.077 (-0.88%)

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US Coffee C Futures

227.53

+3.58 (+1.60%)

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Euro Stoxx 50

3,776.81

+19.76 (+0.53%)

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Sell

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S&P 500

4,280.15

+72.88 (+1.73%)

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↑ Buy

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DAX

13,795.85

+101.34 (+0.74%)

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Neutral

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FTSE 100

7,500.89

+34.98 (+0.47%)

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Neutral

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Hang Seng

20,175.62

+93.19 (+0.46%)

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US Small Cap 2000

2,013.09

+37.84 (+1.92%)

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IBEX 35

8,400.40

+20.40 (+0.24%)

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↑ Sell

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BASF SE NA O.N.

44.155

+0.730 (+1.68%)

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Bayer AG NA

54.15

+2.47 (+4.78%)

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Allianz SE VNA O.N.

181.08

+2.08 (+1.16%)

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Adidas AG

173.20

+1.18 (+0.69%)

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Deutsche Lufthansa AG

6.588

+0.062 (+0.95%)

Summary

↑ Sell

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Siemens AG Class N

111.84

+1.92 (+1.75%)

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↑ Sell

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9.061

+0.197 (+2.22%)

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 EUR/USD1.0260↑ Buy
 GBP/USD1.2131Sell
 USD/JPY133.51↑ Sell
 AUD/USD0.7118↑ Sell
 USD/CAD1.2777Neutral
 EUR/JPY136.98Neutral
 EUR/CHF0.9662Neutral
 Gold1,816.25↑ Sell
 Silver20.773Sell
 Copper3.6612Buy
 Crude Oil WTI91.73Sell
 Brent Oil97.74Buy
 Natural Gas8.703Sell
 US Coffee C227.53↑ Buy
 Euro Stoxx 503,776.81Sell
 S&P 5004,280.15↑ Buy
 DAX13,795.85Neutral
 FTSE 1007,500.89Neutral
 Hang Seng20,175.62↑ Buy
 Small Cap 20002,013.09↑ Buy
 IBEX 358,400.40↑ Sell
 BASF44.155↑ Buy
 Bayer54.15↑ Buy
 Allianz181.08↑ Sell
 Adidas173.20↑ Buy
 Lufthansa6.588↑ Sell
 Siemens AG111.84↑ Sell
 Deutsche Bank AG9.061↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
(6,620/ 6,720) # 1,655
SJC HCM6,660/ 6,760
(0/ 0) # 1,651
SJC Hanoi6,660/ 6,762
(0/ 0) # 1,653
SJC Danang6,660/ 6,762
(0/ 0) # 1,653
SJC Nhatrang6,660/ 6,762
(0/ 0) # 1,653
SJC Cantho6,660/ 6,762
(0/ 0) # 1,653
Cập nhật 15-08-2022 05:49:04
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$1,800.49-1.96-0.11%
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RON 95-V25.34025.840
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Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
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JPY170,70180,72
KRW15,5018,89
Cập nhật lúc 18:54:11 14/08/2022
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