Volvo Cars reports double digit sales growth of 10.1% in the first eight months, August sales are up by 8.7%
Volvo Cars continued its global sales momentum last month. With growth in all main sales regions, posting a sales increase of 10.1% for the first eight months of the year.
The new Volvo XC90 sales were the main growth driver globally. The best-selling model overall is still the XC60. August sales were up 8.7% compared to the same month in 2015.
Volvo’s fastest-growing key market over the year-to-date period is the United States, reporting retail sales of 52,917 cars, representing an increase of 29.5%. The new Volvo XC90 continues to be the best-selling Volvo model in the US, followed by the XC60. Sales in the US were up 31.3% in August.
The sales in China also continued to increase with year-to-date growth now close to 10% after a strong August. Total retail sales for the first eight months amounted to 54,496 cars. The best-selling models are the locally-produced Volvo XC60 and S60L models.
Sales in Western Europe were up 7% year-to-date with healthy demand in several key markets including Germany, the UK, Italy and France. The Volvo XC60 is the best-selling model in the region.
Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:
Globally, the Volvo XC60 was the best-selling model in the first eight months of 2016 with 96,386 cars sold (2015: 100,594), followed by the Volvo V40/V40 Cross Country with 61,449 sold cars (64,999). The new XC90 was third with 58 491 cars sold (14,039). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.
Reference: Volvo Cars SA – www.media.volvocars.com