Swedish-based, Chinese-owned Volvo sold more cars last month than it did during October 2022 and reported its 14th consecutive month of growth in terms of sales. The maker of the EX90 and EX30 saw its global sales reach 59,861 units in the previous month, which is an increase of 10 percent compared to the same period last year. This includes gasoline-, diesel-, and battery-powered models .
China is in second place, with a total of 15,041 cars sold last month, but has the smallest number of electrified units, with 237 EVs and 929 plug-in hybrids, while the United States is the third-largest market for the Scandinavian automaker, with a total of 11,296 sales. Volvo’s best-seller was the XC60 crossover, which was sold in 20,212 units worldwide, followed by the XC40 with 17,022 cars.
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