Volvo global sales up nearly 14%November 5, 2019
In October, Volvo Cars showed strong sales, up 13.9% from the same period last year.
Last month, dealers of the brand sold 60,959 cars, as China, Europe and the USA reported an increase in sales compared to the same period last year.
Volume growth in October was driven by continued high demand for the Volvo’s award-winning SUV lineup, led by the XC60, as well as the XC40 and XC90. Recent Volvo Car models, the V60 station wagon and the American-made S60 sedan, have also contributed to the performance.
Between January and October, Volvo Cars sold 568,663 vehicles, an 8.1% increase over the same period last year.
Sales in China for the month reached 14,039 cars, which is 26.7% more compared to the same period in 2018. Strong sales growth in the region was due to the localization of the XC60 and S90. In the first ten months of 2019, 123,551 vehicles were sold in China, which is 15.2% more than in the same period last year.
US sales totaled 8,807 vehicles in October, up 20.2% from the same period last year. The XC90 became the best-selling model in the region last month, with the XC60 in second place and the locally-made S60 sedan in third. Between January and October, Swedish brand dealers sold a total of 86,239 vehicles, a 6.1% increase over the same period last year.
Sales in Europe reached 29,510 cars per month, an increase of 9.7% compared to the same period last year. The XC40 crossover became the bestseller, followed by the XC60 and the new V60. In the first ten months, the company sold 277,120 vehicles, up 6.4% from the same period last year, the brand’s press service said.
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