Strength in China boosts Volvo

|About: Volvo AB ADR B (VOLVY)|By:, SA News Editor

Volvo (VOLVY) reports global sales rose 6% in November as demand in China improved.

Sales in China where Volvo-parent Zhejiang Geely (GELYF) is based improved 69% Y/Y to 5,995 while trends in Europe also improved for the automaker during the month.