Volvo Cars Reports 7.1 Per Cent Global Sales Growth In July.

06/08/2019

Volvo Cars' global sales continued to grow at a steady pace in July, up 7.1 per cent compared with the same period last year.

Total sales during the month reached 54,546 cars, as all the major regions of China, the US and Europe reported a growth in volumes.

In the January-to-July period, Volvo’s total sales reached 395,372, up 7.3 per cent compared with the same period last year.

The volume growth in July was on the back of continued strong demand for Volvo’s award-winning SUVs, led by the XC60 and followed by the XC40 and the XC90. The company’s latest models, the V60 estate and the US-made S60 saloon, also contributed to the volumes.

Volvo’s sales in Europe reached 25,518 cars in the month, up 4.8 per cent compared with the same period last year. The XC40 was the top-selling model in the region during the month, followed by the XC60.

Sales in China grew 24.9 per cent compared with the same period last year, to reach 12,639 cars. The growth was led by strong demand for the locally produced XC60 and the S90. The XC40, which started local production recently, also contributed to the volume growth.

US sales reached 8,795 cars during the month, up 2.0 per cent compared with the same period last year. The XC90 was the top-selling car in the region during the month, followed by the XC60 and the XC40.

Globally, the XC60 continued to be the top-selling model in July, with sales reaching 14,740 cars (2018: 14,231 units), followed by the XC40, with sales of 12,198 cars (2018: 9,005 units), and the XC90 at 7,625 cars (2018: 7,157 units).