STOCKHOLM -- Volvo's global sales rose 5.3 percent in October, as the U.S. and China helped offset losses in other key markets.
Sales increased to a monthly total of 47,841, Volvo said in a statement on Thursday. This helped ten-month deliveries rise 8.6 percent to 461,313, putting the automaker on course for a fourth consecutive year of record sales.
Strong demand for the new XC60 SUV as well as 90-series cars helped spur growth last month, the automaker said in the statement.
In China, volume was up 30 percent, while in the U.S., sales grew 11 percent.
In the Europe, Middle East and Africa region (EMEA), Volvo said sales fell 4.8 percent. In its home market of Sweden, the automaker's volume was down 3.5 percent.
Reuters contributed to this report