STOCKHOLM -- Registered sales of new cars in Sweden, home to Volvo and Saab, rose sharply in November compared with a year earlier, according to government and industry data on Wednesday.
New car registrations rose 11.7 percent to 26,703 units, according to statistics bureau SCB, while industry association Bil Sweden's figures showed a rise of 16.9 percent to 23,676 units, boosted by a larger number of working days.
"Despite the uncertainty created this autumn by already decided tax hikes, as well as continued talk about additional taxes on cars, we saw increased car sales in November," Bil Sweden said.
"The increase is partly explained by an increased number of registration days in November."
Both organizations reported registrations of new cars were virtually flat so far this year, Bil Sweden registering a drop of 0.6 percent and SCB an increase of 0.1 percent versus the corresponding period last year.