Volvo Cars reported global sales of 66,977 cars in November, up 5% compared to the same period last year. The sales increase was primarily driven by Europe and the U.S., Volvo Cars said. The company’s sales of electrified models – fully electric and plug-in hybrid models – grew 40% compared to the same period last year and accounted for 48% of all cars sold during November. The share of fully electric cars constituted 21% of all cars sold for the month.
The total sales for the period of January through November amounted to 689,585 cars globally, an increase of 9% compared to the same period in 2023.
Sales in the U.S. increased 5% in November, totaling 12,259 cars, according to the manufacturer. Sales of electrified models increased 58% compared to the same period last year, while plug-in hybrid models increased 96%.
In Europe, sales reached 31,611 cars in November, up 20% compared to the same period last year. The sales of Volvo Cars’ electrified models increased by 39% compared to the same period last year, and the share of electrified models accounted for 65% of all cars sold in Europe during November, Volvo Cars said.
Volvo Cars’ sales in China reached 13,923 cars, down 8% compared to November 2023. Sales of electrified models – fully electric and plug-in hybrid models – stood at 1,847 sold cars, an increase of 38% compared to the same period last year.
In November, the Volvo XC60 was the top-selling model with sales of 21,586 cars (2023: 22,317), followed by the XC40/EX40, with total sales of 14,613 cars (2023: 16,672) and the XC90 at 10,533 cars (2023: 9,860), according to Volvo Cars.
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