STOCKHOLM -- Sales of Volvo vehicles rose 26 percent in November to reach a record high, helped by strong demand for the XC90 and XC60 models in the U.S., where deliveries grew 91 percent.
Volvo sold 49,055 cars worldwide last month, the automaker said in a statement Tuesday, the highest number on record for a single month.
U.S. sales increased to 6,903. Volvo's U.S. sales have picked up in recent months after eroding over the past decade due to a dearth of new models and limited financing options.
A slowdown in China, the world's biggest auto market, has been a more recent headwind, but Volvo said sales in China were up 16 percent in November to 8,045.
Volvo’s sales in Western Europe rose 17 percent to 18,482. In its home market of Sweden, deliveries rose 43 percent to 8,164.
Global sales through November increased 5.3 percent to 441,002.
Volvo is owned by China's Zhejiang Geely Holding Group.
Reuters contributed to this report
