Wednesday, 17 September 2014

Volvo continue to grow at a huge rate in China.

Volvo Car Corp.'s sales in China rose 43 percent year on year in August to 6,154 vehicles due to strong demand for the XC60 SUV and the stretched S60 compact sedan.

Last month, Volvo sold 2,449 XC60s and more than 2,000 S60Ls in China.

Volvo also sold nearly 500 Volvo V60 compact cars in China in August. The company did not disclose sales of the other models in the country last month.



For the first eight months, the Swedish automaker's deliveries rose 37 percent in China to 51,568 vehicles.

China is the largest global market for Volvo, which is owned by Zhejiang Geely Holding Group Co. To boost sales in China, Volvo began producing the S60L at its new plant in Chengdu last year and is ramping up to full capacity of 120,000 vehicles annually.



The S60L, built only in China, has a wheelbase extended by 81 millimeters (3.2 inches) to 2,857 millimeters (112.5 inches).

Last month, Volvo CEO Hakan Samuelsson told Automotive News that Volvo would export Chinese-built S60L sedans to the United States sometime next year.

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