Volvo Cars November sales up 5% in November

Reuters
2024-12-04

COPENHAGEN (Reuters) - Volvo Cars' sales rose 5% year-on-year in November to 66,977 cars, primarily driven by its sales in Europe and the United States, the Sweden-based automaker said on Wednesday.

Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement that sales in Europe, its biggest market, were up 20% to 31,611 cars compared to the same period last year, while they were up 5% in the U.S.

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

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