Volvo Cars’ November sales rise 8%

Volvo Cars launches EX30 electric SUV in Milan

COPENHAGEN (Reuters) – Volvo Cars’ sales grew 8% in November from a year earlier to 63,682 cars, the Sweden-based group said on Monday.

Volvo Cars, which is majority-owned by China’s Geely, said in a statement that its fully electric and hybrid cars in November made up more than 50% of all cars sold in Europe, its biggest market.

Volvo Cars said on Monday that sales in the United States were up 26% while, in China, they were up 21%. Sales in Europe were up 2% in November.

(This story has been refiled to remove an incorrect image)

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)

Reuters

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