Volvo Cars, the premium carmaker, continued its path towards another record year in sales after reporting a 5.7 per cent year-on-year sales increase in February. Total sales for the month amounted to 36,515 cars, compared to 34,552 cars a year earlier. Growth over the first two months of 2017 amounted to 5.4 per cent.
Strong demand for the new 90 series cars continued to be an important factor in Volvo’s positive sales performance, while the soon-to-be-replaced XC60 remains the best-selling model overall. An all new XC60 will be revealed at the Geneva Motor Show next week.
The Asia Pacific region reported sales growth of 19.4 per cent to 8,724 cars, helped by a strong performance in China, Volvo’s largest market. Sales in China rose by 20.8 per cent to 5,878 cars, with strong demand for the locally-produced XC60 and S60L models as well as the XC90 and S90.
Sales in the EMEA region increased by 5.1 per cent, amounting to 21,892 cars sold. Key markets such as Sweden, the United Kingdom and Italy underpinned the solid performance, with strong demand for the new V90 as well as Europe’s most popular premium mid-size SUV, the XC60. In Sweden, the new S90/V90 brought Volvo back to its traditional spot atop the list of best-selling models.
The Americas region reported sales of 5,625 cars, of which 4,651 in the United States. The most popular model in the region is the XC60, followed closely by the XC90.
Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:
|
|
February |
January – February |
|||||
|
|
2016 |
2017 |
Change |
2016 |
2017 |
Change |
|
|
Region EMEA |
20 837 |
21 892 |
5,1% |
39 412 |
41 614 |
5,6% |
|
|
|
Sweden |
5 674 |
6 071 |
7,0% |
9 615 |
10 610 |
10,3% |
|
Region Asia-Pacific |
7 308 |
8 724 |
19,4% |
17 253 |
19 923 |
15,5% |
|
|
|
China |
4 866 |
5 878 |
20,8% |
12 094 |
14 240 |
17,7% |
|
Region Americas |
6 156 |
5 625 |
-8,6% |
11 187 |
9 954 |
-11,0% |
|
|
|
USA |
5 262 |
4 651 |
-11,6% |
9 504 |
8 120 |
-14,6% |
|
Other |
251 |
274 |
9,2% |
460 |
499 |
8,5% |
|
|
TOTAL |
34 552 |
36 515 |
5,7% |
68 312 |
71 990 |
5,4% |
|
Globally, the Volvo XC60 was the best-selling model in February with 11,393 cars sold (2015: 9,425), followed by the Volvo V40/V40 Cross Country with 6,409 cars sold (6,200). The XC90 was third with 5,000 sold cars (6,056). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.
