Volvo Achieves Remarkable 8% Global Sales Growth in November

Volvo Cars has experienced a notable surge in its global sales, achieving an 8% growth in November compared to the same month last year, with a total of 63,682 cars sold. The Volvo November sales figures represent a continuation of a positive trend; from January to November, the company sold 632,701 cars worldwide, marking a 17% increase from the same period in 2022.

A major contributor to this growth is the increasing popularity of Volvo's Recharge line-up. This range, encompassing all chargeable models with either a fully electric or plug-in hybrid powertrain, accounted for a significant portion of Volvo November sales. In November, these models represented 36% of all Volvo cars sold globally, with fully electric cars making up 16% of the total sales.

In the European market, the Recharge line-up has been particularly well-received. Volvo November sales in Europe reached 26,407 cars, a 2% increase from the previous year. Recharge models were especially popular, constituting 55% of all Volvo cars sold in Europe in November, amounting to 14,653 units.

The United States market also showed robust growth in Volvo November sales, with an impressive 26% increase compared to the same month last year, totaling 11,671 cars. The Recharge models experienced a 10% growth and accounted for 26% of all Volvo cars sold in the U.S. during November.

Volvo November sales in China similarly reflected this upward trend, with a 21% increase in sales, resulting in 15,178 sold cars. The growth in Recharge models sales in China was parallel, also showing a 21% increase compared to the previous year.

The Volvo XC60 emerged as the most popular model in November, with sales hitting 22,317 units, significantly higher than the 15,586 units sold in 2022. The XC40 and XC90 followed closely, with Volvo November sales of 16,672 and 9,860 cars respectively, underscoring the sustained popularity of Volvo's SUV range.

The Volvo November sales figures emphasize the company's expanding influence in the global automotive market, especially in the electric and hybrid vehicle segment. Volvo Cars' strategic investment in chargeable models is resonating with a consumer base increasingly leaning towards sustainable and eco-friendly transportation options.

This November Volvo introduced the fully electric EM90 model, embodying a design philosophy deeply anchored in the brand's Scandinavian heritage. This model features a harmonious blend of minimalism and practicality, providing a tranquil and luxurious experience inside the car

Another great and all-new Volvo venicle, the 2024 Volvo EX90, has earned a place on the list of the best 7-seater electric SUVs of 2023.

Source: Volvo