Volvo pushes 800,000 global sales goal to 2021

Volvo Cars will not reach its goal of selling 800,000 vehicles globally in 2020 because of the coronavirus pandemic.

"There will probably be a year delay," CEO Hakan Samuelsson said. "Before the pandemic we were on track to reach that or come very close to that."

Volvo would also fail to set a global sales record in 2020 because it won't be able to top the 705,452 vehicles is sold in 2019, its seventh consecutive year of record volumes.