(MENAFN) Volvo Group said it achieved market growth in mature economies of North America, Western Europe and Japan in the first quarter of 2014, Xinhua reported.
The Swedish carmaker's net sales in the period increased 13 percent to USD10 billion, the company said in a statement.
Operating income hit USD395 million in the quarter, versus USD75 million in the same period a year ago.
The European market expanded by 15 percent in the first two months as growth was mainly from Western Europe, particularly from Britain, Germany and France.
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