Volvo has announced that it will close its UK wholesale channel in June and move to a 100 per cent direct market business model similar to that of Tesla.
In a press release this week Volvo said the transformation is crucial to its long-term ambitions and growth. Volvo says it will be fully electric by 2030 and will introduce new ways to access Volvo cars and create more direct relationships with customers.
“Europe, our largest sales region and furthest along…
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