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Volvo Cars’ global sales up by 14.5 per cent in August

Volvo Cars remains firmly on course for yet another year of record sales as global sales grew by 14.5 per cent in August, compared with the same period last year

Volvo Cars remains firmly on course for yet another year of record sales as global sales grew by 14.5 per cent in August, compared with the same period last year. The company sold a total of 43,361 cars during the month, driven by growth in all key regions of US, China and Europe.

During the January to August period Volvo sold a total of 411,931 cars globally, up 14.5 per cent compared to the same period last year. Volvo Cars reported global sales of 571,577 cars in 2017.

In the US, August sales grew 12.2 per cent on the back of the best-selling XC60 and XC90. The company sold a total of 8,970 cars during the month, as compared to 7,994 cars in August last year.

China grew by 18.4 per cent on strong demand for locally produced XC60 and S90. During the month, retail sales hit 11,386 cars, compared to 9,616 cars in August last year.

Europe reported sales of 14,923 cars in August, up 4.9 per cent from 14,221 cars the same month last year. The strong performance was driven by demand for the new XC60, the 90 series cars and the XC40.

            August

January-August

2017

2018

Change

2017

2018

Change

Europe

14,221

14,923

4.9%

191,999

203,758

6.1%

China

9,616

11,386

18.4%

70,797

82,987

17.2%

US

7,994

8,970

12.2%

49,063

65,214

32.9%

Other

6,048

8,082

33.6%

47,939

59,972

25.1%

Total

37,879

43,361

14.5%

359,798

411,931

14.5%

Globally, the new Volvo XC60 continued to be the best-selling model in the first eight months of the year with 116,381 cars sold (2017: 5,304 units), followed by the XC90 with total sales at 61,949 cars (52,659) and the Volvo V40/V40 Cross Country at 51,739 cars (60,695 units). During the first eight months, the XC40 sold a total of 39,286 cars and the S90 generated volumes of 39,149 cars (24,357).

SOURCE: VOLVO CARS

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