Volvo Cars Reports Global Sales Increase
By Kyle Lindsay
Friday, October 6, 2017 - 17:30
Volvo Cars, the premium car maker, continued its sales momentum in September with growth in all main regions, compared with the same month last year, and remains on track for a fourth consecutive year of record sales.
Sales in September reached 53,674 cars sold, up 11.2 per cent compared with the same month last year. In the first nine months of 2017, sales amounted to 413,472 cars, up 9.0 per cent compared with the same period last year.
Strong demand for the 90 series cars, and the ramping up of production of the new XC60, continued to be an important factor in the company’s sales growth.
The United Kingdom recorded sales of 7,865 in September, up 0.5 per cent over the same period last year. Sales for the first nine months of 2017 were 36,574 cars, an increase of 4.9 per cent versus the first nine months of 2016. The XC60 is the best-selling model in the UK so far this year, followed by the V40 and the XC90.
Jon Wakefield, Managing Director of Volvo Car UK, said: “These impressive figures show that we are well on track for another record year of sales for Volvo here in the UK. They are a result of the desirability of our cars, and of all the hard work from everyone at Volvo Car UK and the dealer network.”
In China, Volvo’s largest market, sales grew by 29.8 per cent in September compared with the same month last year, as the company sold a total of 11,544 cars. The locally produced XC60, S60L and S90 models continued to be the main growth drivers. The Asia Pacific region recorded the strongest growth of all regions during the first nine months of 2017, up 23.7 per cent compared with the same period last year.
In the US, Volvo reported a strong 40.7 per cent increase year-on-year for the month of September, following strong sales of the XC90 SUV, the S90 saloon and the recently introduced new XC60 mid-size SUV. The Americas region as a whole grew by 36.3 per cent in September.
Sales in the EMEA region grew by 0.8 percent in September, to 29,606 cars. For the first nine months of 2017, sales were up by 6.3 per cent, to 234,852 cars, as the region continued to see strong demand for the new V90, new XC60 and the XC90.