Volvo Cars global sales up 8.6% to 461,313 cars in first 10 months of 2017

Sales in China, Volvo’s largest market, continued to increase rapidly in October – 10,744 cars (+29.5%) – with the locally produced XC60, S90 and S60L models continued to be the main growth drivers.

By Autocar Professional Bureau

02 Nov 2017

4076 Views

The Volvo Cars manufacturing plant in Daqing, China. The locally produced XC60, S90 and S60L models continue to be the main growth drivers for the premium carmaker in China.

Volvo Cars remains on track for a fourth consecutive year of record sales after another strong sales month in October. For the first 10 months, global retail sales amounted to 461,313 cars, up 8.6 percent compared to a year ago.

Strong demand for the new XC60 as well as 90-series cars continues to be an important factor in the company’s growth. October sales grew 5.3 percent compared to the same month last year, to 47,841 Volvo cars globally.

Sales in China, Volvo’s largest market, continued to increase rapidly in October. With 10,744 cars sold in the market, sales were up 29.5 percent compared to the same period last year. The locally produced XC60, S90 and S60L models continued to be the main growth drivers. The Asia Pacific region as a whole was Volvo’s fastest growing region in October, up 24.0 percent compared to a year ago.

In the US, Volvo reported a robust 10.5 percent sales increase year-on-year for the month of October following strong sales of the XC90, new XC60 and the S90. The Americas region as a whole grew by 14.3 percent in October.

In the EMEA region, sales in the first 10 months of 2017 were up 5.0 per cent compared to the same period last year to 260,593 cars on the back of strong demand for the new 90 series cars and both the first generation and new XC60.

Retail sales status for Volvo Car Group is as follows: