Jan. 05--STOCKHOLM -- China-owned Volvo Cars on Thursday reported a 20.3-per-cent rise in sales for 2011 over the previous year.
The carmaker said it sold 449,255 cars during the year. In China sales grew 54.4 per cent year-on-year. Sales in North America were up 22.5 per cent, while, in Europe, the increase was about 13 per cent.
Models that helped drive sales included the Volvo S60, V60 and the XC60 crossover, the carmaker said.
Volvo Cars' five main markets in 2011 were the United States, Sweden, China, Germany and Britain.
China-based Zhejiang Geely Holding Group in 2010 took over ownership of the Swedish carmaker from US automotive giant Ford.
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