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Volvo Cars’ global sales up 3.2 per cent, strong growth in the US and Europe

Global retail sales of 30,195 cars in August  United States up 18.3 per cent Strong demand for Volvo’s XC-carlines Volvo Cars posted a 3.2 per cent increase in retail sales for the month of August, selling 30,195 cars globally. Europe and the US market were the growth drivers, boosted by continued high demand for Volvo’s … Continued

  • Global retail sales of 30,195 cars in August 
  • United States up 18.3 per cent
  • Strong demand for Volvo’s XC-carlines

Volvo Cars posted a 3.2 per cent increase in retail sales for the month of August, selling 30,195 cars globally. Europe and the US market were the growth drivers, boosted by continued high demand for Volvo’s new XC90 model as well as the company’s other XC-carlines.

Retail sales in Europe as a whole were up by 6.5 per cent to a total of 12,867 cars, led by Sweden where Volvo reported a 19.2 per cent increase. The V40 is the most sold Volvo model in Europe, followed by the Volvo XC60.

The United States reported 5,870 retail sales which represents a 18.3 per cent increase versus the same month last year. The growth was driven mainly by the new Volvo XC90 as well as the XC60 model, which was the best-selling Volvo model.

Sales in China reached 5,574 cars, where the locally produced Volvo XC60 and S60L continue to be the best selling models. The decline in China reflects the general slowdown in the Chinese economy which has affected the overall car market.

“I am pleased to see how our strengthened product offer led by the new XC90 is boosting the US market for Volvo Cars”, said Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars. “Thanks to our strong presence in all three key regions, I expect continued global growth for this year”.

Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

August

January – August

2014

2015

Change

2014

2015

Change

China

6 190

5 574

-10,0%

51 823

49 698

-4,1%

USA

4 961

5 870

18,3%

39 189

40 854

4,2%

Sweden

3 167

3 776

19,2%

37 778

41 018

8,6%

Western Europe

8 918

9 091

1,9%

110 977

118 182

6,5%

Other markets

6 021

5 884

-2,3%

54 942

50 855

-7,4%

TOTAL

29 257

30 195

3,2%

294 709

300 607

2,0%

 The Volvo XC60 was the best-selling model in August with 9,595 sold cars (2014: 8,695), followed by the Volvo V40 and V40 Cross Country for which deliveries reached a total of 6,394 cars (2014: 6,212). The S60 models were the third best-selling carline at 4,567 cars (2014: 5,251). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.

https://www.automotiveworld.com/news-releases/volvo-cars-global-sales-3-2-per-cent-strong-growth-us-europe/

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