Geely-owned Volvo Cars has released its global sales report, which saw continued growth in November over last year. Volvo November sales reached a total of 63,682 cars, up 8% compared to the same month last year.

During the January-November period, Volvo Cars sold 632,701 cars globally, a 17% increase compared to the same period in 2022.

The share of Volvo Cars’ Recharge line-up of chargeable Volvo models ended at 36% during the month of November.

Recharge is the sub-brand name for all chargeable Volvo models with a fully electric or plug-in hybrid powertrain. Sales of fully electric cars stood for 16% of all Volvo cars sold globally.

European sales for November reached 26,407 cars, an increase of 2% compared to the same period last year. The number of Recharge cars sold in the region came to 14,653 cars, which comprised 55% of all cars sold in Europe in November.

Volvo Cars’ US sales amounted to 11,671 cars, up 26% compared to the same month last year. Sales of Recharge cars grew 10% and accounted for 26 per cent of all cars sold in US during November.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Sales in China grew 21% during the month compared to November 2022 and reached a total of 15,178 sold cars. The number of Recharge models sold in China increased 21% compared to the same period last year.

In November, the Volvo XC60 was the top-selling model with sales reaching 22,317 (2022: 15,586), followed by the XC40, with total sales at 16,672 cars (2022: 18,188 units), and XC90 at 9,860 cars (2022: 8,283 units).