Volvo Cars Reports Global Sales Growth

Thursday, July 6, 2017 - 14:50
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New Volvo V90

Volvo Cars, the premium car maker, remains firmly on course for another record year in retail sales after posting an 8.2 per cent increase for the first six months of the year.

Global retail sales in June came in at 54,351 cars, an increase of 5.7 per cent compared with the same month last year.

Strong demand for the new 90 series cars continues to be an important factor in Volvo’s positive sales performance, while the first-generation XC60 remains the best-selling model overall.

The United Kingdom recorded sales of 5,018 in June, up 4.0 per cent over the same month in 2016. Sales for the first half of 2017 amounted to 24,519 cars, an increase of 8.4 per cent versus the same period last year. The XC60 is the best-selling model in the UK so far this year, followed by the V40, XC90 and the V90.

Jon Wakefield, Managing Director of Volvo Car UK, said: “These fantastic figures are a result of all the hard work from everyone at Volvo Car UK and our dealer network, and show that we’re well on track for another record-breaking year of sales and growth for Volvo in the UK.”

The Asia Pacific region reported sales growth of 27.3 per cent in June to 13,769 cars. Sales in China, Volvo’s largest market, increased by a very healthy 30.9 per cent to 10,113 cars.

For the first six months, growth in the Asia Pacific region amounted to 22.6 per cent, while China was up 27.6 per cent for the period. The result was supported by strong demand for the locally produced XC60, S60L and S90 models.

First-half sales in the EMEA region were up by 6.6 per cent to 164,128 cars sold, as the region continued to see strong demand for the new V90 and XC90, as well as the XC60. Strong-performing markets include Sweden, the United Kingdom, France and Germany. June sales in the region were up 3.9 per cent.

The Americas region reported sales of 41,277 cars for the first six months of 2017, of which 34,102 were in the United States. The most popular model in the region is the XC60, followed closely by the XC90.

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