Volvo Cars Reports Sales Of 59,154 Cars In November, Up 12%

Volvo Car AB VOLCAR_B:

• VOLVO CARS REPORTS SALES OF 59,154 CARS IN NOVEMBER

• REPORTED SALES OF 59,154 CARS IN NOVEMBER, UP 12.0 PER CENT COMPARED WITH SAME MONTH LAST YEAR

• EUROPEAN SALES FOR NOVEMBER REACHED 25,960, UP 15.8 PER CENT COMPARED WITH SAME MONTH LAST YEAR

• VOLVO CARS' US SALES FOR MONTH REACHED 9,233, UP 20.4 PER CENT COMPARED WITH NOVEMBER LAST YEAR

• SALES IN CHINA WERE DOWN BY 6.2 PER CENT IN NOVEMBER TO 12,580 CARS COMPARED TO SAME MONTH LAST YEAR

• OVERALL UNDERLYING DEMAND FOR COMPANY'S CARS CONTINUES TO REMAIN ROBUST, ESPECIALLY FOR ITS RECHARGE RANGE OF PURE ELECTRIC AND PLUG-IN HYBRID CARS