Volvo car sales increase in November

Volvo Cars’ (VOLCARb.ST), sales rose 5 per cent year on year in November to 66,977 vehicles, led by Europe and the United States, it said on Wednesday.

Sweden-based Volvo Cars, majority owned by China’s Geely Holding, said that sales in Europe, its biggest market, rose 20 per cent to 31,611 cars while US sales were up 5 per cent. Sales in China declined by 8 per cent year on year.