"Shares of Volvo Cars up 6% to November highs on record sales...

"Shares of Volvo Cars up 6% to November highs on record sales monthPUBLISHED THU, APR 4 2024 7:37 AM EDTUPDATED THU, APR 4 2024 8:54 AM EDTJenni ReidWATCH LIVEKEY POINTSShares in Sweden's Volvo Cars hit their highest level since November on Thursday after the automaker posted record March sales.Year-on-year sales of electric vehicles in Europe were 22% higher in the quarter and up 34% in March, roughly in line with overall sales growth in that market.However, in China sales of electric models dropped 36%, while overall sales rose 4%.Volvo's EX90 electric vehicle photographed in Sweden on Nov.9, 2022.Mikael Sjoberg | Bloomberg | Getty ImagesSweden's Volvo Cars on Thursday climbed to its highest level since November, after the automaker reported record single-month sales for March and solid electric vehicle growth in Europe.The company's shares rose by 6.2% at 12:20 p.m. in London and hit their highest level since Nov. 16, according to LSEG data." https://www.cnbc.com/2024/04/04/volvo-cars-up-6percent-on-record-monthly-sales-despite-china-ev-slowdown.html#:~:text=Shares%20of%20Volvo,sales%20rose%204%25.