STOCKHOLM–Volvo Car AB said Friday that car sales rose 12.0% on year in November as underlying demand remained robust, especially for its recharge range of pure-electric and plug-in hybrid cars.
The Swedish auto maker VOLV.B, -0.29% VOLV.A, -0.30% –majority owned by China’s Zhejiang Geely Holding Group 175, -0.17% –said it sold 59,154 cars in November, up from 52,793 in the same month last year.
In Europe, sales rose 15.8% to 25,960 cars, while sales in China fell 6.2% to 12,580 cars. The company reported a sales increase of 20.4% in the U.S., to 9,233 cars.
Volvo’s recharge range of fully-electric or plug-in hybrid models accounted for 42.2% of all Volvo cars sold globally in November, while fully electric models accounted for 19.7% of global sales, the company said.
Write to Dominic Chopping at [email protected]
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