Volvo Cars sales rise 12% in November

Friday, 02. December 2022 09:33

The Volvo Group's Volvo Car Corporation revealed on Friday that its vehicle sales surged 12% in November to a total of 59,154 compared to the corresponding time frame the year before, with hybrid vehicles accounting for the largest surge in demand.

Sales in Europe jumped by 15.8% compared to the same month in 2021, while electric vehicle sales accounted for 67.2% of the total sales in the region during the month. Volvo Cars' US sales in November skyrocketed by 20.4% to 9,233, with recharge models making up 29,9% of the total sales.

However, in the overall sales of cars in the period from January to November this year, Volvo Cars' retail sales slumped by 14.5% to reach 542,458 cars year on year. In China, sales flopped by 6.2% to 12,580 cars in November per annum, with recharge vehicles amounting to 8.9% of total sales.

Related Links: Volvo AB
Author:
Baha Breaking News (BBN) / AB