Volvo Cars' November sales rise 8%

Reuters

Published Dec 04, 2023 03:14AM ET

Updated Dec 04, 2023 03:36AM ET

COPENHAGEN (Reuters) - Volvo (OTC:VLVLY) 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.