NOVEMBER WORLDWIDE SALES - VOLVO - US declines further but worldwide sales increase for 17th month.

• Volvo Cars’ 17^th consecutive month of growth
• Global sales of 38,941 cars, up 2.6 per cent versus November last year
• Year-to-date sales of 418,821 cars, an increase of 8.8 per cent versus 2013

Volvo Cars posted a 17^th consecutive month of retail sales growth in November, with China and Europe recording a sales increase compared to November 2013. The best-selling Volvo model, the XC60 crossover, passed its full year 2013 sales figure of 114,000 cars already by mid-November this year and has thereby set a new all-time high record.

China, Volvo Cars’ largest market, reported November sales of 6,933 cars, up 15.6 per cent versus November last year while the growth rate for the first 11 months was 33.6 per cent. The Volvo XC60 crossover was the best-selling model followed closely by the S60L sedan.

In Sweden, Volvo Cars sold 5,718 cars, up 6.5 per cent from the same month last year. Its market share was more than 21per cent with the Volvo V60 and V70 models the best-selling models.

Volvo Cars also continued to grow in Europe during November. Sales rose 3.4 per cent versus the same month last year. The main growth drivers were the UK, Germany and France. The Volvo V40 hatchback remains the best-selling Volvo model in Europe, helped by its strong and class-leading line-up of Drive-E engines.

Sales in the United States were down by 14.4 per cent to 3,623 cars in November. The Volvo XC60 and S60 models were the best-selling models during the month.

“With no less than 17 months of consecutive growth we have demonstrated that Volvo Cars’ growth is both consistent and sustainable,” says Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars. “It was also encouraging to get all the positive feedback on the new Volvo V60 Cross Country which is a great addition to an already very attractive product offer”.

Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

	November				January – November
	2013	2014	Change		2013	2014	Change
China	5 995	6 933	15,6%		54 461	72 760	33,6%
USA	4 233	3 623	-14,4%		56 345	51 451	-8,7%
Sweden	5 371	5 718	6,5%		46 780	55 092	17,8%
Western Europe*	15 258	15 783	3,4%		149 342	163 283	9,3%
Other markets	7 088	6 884	-2,9%		77 861	76 235	-2,1%
TOTAL	37 945	38 941	2,6%		384 789	418 821	8,8%
*excluding Sweden

The Volvo XC60 was the best-selling model in November with 12,360 sold cars (2013: 10,119), followed by the Volvo V40 and V40 Cross Country for which deliveries reached a total of 9,591 cars (9,795). The third best-selling model was the Volvo V60 with 4,773 cars (5,350). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.