Reuters
COPENHAGEN (Reuters) -Volvo Cars' sales rose by 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said on Wednesday amid a volatile and uncertain market. Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement that total sales in Europe, the biggest market for Volvo Cars, were up 23%, while sales in the United States and China fell by 22% and 16%, respectively. Sales of fully electric and plug-in hybrid models were up 43% and accounted for 48% of all cars sold during September, while the share of fully electric cars alone accounted for around a quarter of cars sold during the month.