Premium carmaker maintains growth trajectory with sales growing across all its main markets; XC60 continues to be the best-selling model.
02 Aug 2018 | 2946 Views | By Autocar Professional Bureau
Volvo Cars has continued to maintain a strong sales momentum into the second half of 2018, with global sales up 15 percent in July 2018, compared with the same month last year. The premium carmaker sold a total of 50,931 cars in July, as sales grew in all main markets.
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Volvo Cars has continued to maintain a strong sales momentum into the second half of 2018, with global sales up 15 percent in July 2018, compared with the same month last year. The premium carmaker sold a total of 50,931 cars in July, as sales grew in all main markets.
In the first seven months of 2018, sales have risen by 14.5 percent compared to the year before, to a total of 368,570 cars. The strong performance follows Volvo Cars’ best ever first six months of sales, and places it firmly on course for another full year record.
The US continued its good momentum in July, growing by 23.8 percent to 8,622 cars compared with the same month last year, led by a continued strong performance from Volvo’s SUV-line-up.
Sales in China, Volvo’s largest market, increased by 9.2 percent mainly due to the popularity of the locally produced XC60 and S90 models. Total sales for the month amounted to 10,121 cars.
In Europe, sales reached 24,355 cars in July, increasing by 10.1 per cent compared with July 2017 following high demand for the XC60 and XC40 models.
Globally, the new Volvo XC60 continued to be the best-selling model in the first seven months of the year with 103,017 units sold (2017: 3,256 units), followed by the XC90 with total volumes at 54,815 units (46,733 units) and the Volvo V40/V40 Cross Country at 47,719 units (55,763 units). During the first seven months, the S90 generated volumes of 35,049 units (20,756 units).