Volvo Cars' sales rise 22% in February

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Volvo Cars' sales rise 22% in February
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Sweden-based Volvo Car AB said on Friday sales grew 22% year-on-year in February to 51,286 cars helped by a jump for its recharge models, sending its shares up.

said on Friday sales grew 22% year-on-year in February to 51,286 cars helped by a jump for its recharge models, sending its shares up., said in a statement sales of fully electric cars soared 187% to account for 19% of total sales.

All recharge models, also including those not fully electric, were up 49% to account for 40% of total sales., the group's total car sales were up 2% as they were held back in China by Chinese New Year calendar effects. In February, sales in China were up 50%.Reporting by Louise Breusch Rasmussen, editing by Anna Ringstrom

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