STOCKHOLM (Reuters) -Volvo Cars sold 48,029 cars in August, down 9% from a year earlier, the Sweden-based company said on Thursday.

Volvo Cars, which is majority-owned by China's Geely, said in a statement sales of fully electric cars fell 28% to account for 20% of total sales volumes.

Sales of electrified cars as a whole, also including plug-in hybrids, were down 17% and accounted for 43% of total sales volumes.

Volvo Cars in July reported a sharp drop in quarterly profit, saying demand remained soft and volatile amid weakening consumer confidence while new tariffs posed challenges for the auto industry.