Volvo Eight-Month Sales Rise on Anticipated Price Increases
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Volvo said trucks complying with new EU emission regulations, which will go into effect Oct. 1, will be up to $7,000 more expensive than this year’s models, while vehicles built to comply with new U.S. standards, which will take effect Jan. 1, will be up to $10,000 more expensive, Bloomberg said.
ight-month sales at Volvo AB rose 3% as customers in the United States and Europe increased their truck purchases ahead of looming emission regulations that will make the vehicles more expensive next year, Bloomberg reported.
Sales at the world’s second-largest truck manufacturer rose to 141,966 worldwide from 137,982 a year ago, Bloomberg said.
Sales of the company’s Mack brand rose 5% to 24,863 vehicles, Bloomberg reported.
