Volvo Car Sales Rose 12% on Year in November
December 02 2022 - 4:03AM
Dow Jones News
By Dominic Chopping
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--majority owned by China's Zhejiang Geely
Holding Group--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 dominic.chopping@wsj.com
(END) Dow Jones Newswires
December 02, 2022 03:48 ET (08:48 GMT)
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