Volvo Cars reports best sales month in its 88-year history and 26.0 per cent growth
- Record sales for a single month – 49,055 cars in November
- Strong sales increases in all regions globally
- All-new Volvo S90 premium sedan soon to be unveiled
Volvo Cars posted a 26.0 per cent increase in retail sales for the month of November, selling 49,055 cars globally which represents a new all-time high result for a single month. In the medium term, Volvo Cars is targeting annual sales of 800,000 cars globally following a complete renewal of its product line-up in the next four years.
The global success for the Volvo XC90 is paving the way for the all-new Volvo S90 premium sedan – the second car to be based on Volvo’s in-house developed SPA (Scalable Product Architecture) technology. The Volvo S90 will be unveiled at an event in Gothenburg on December 2nd.
For the month of November, the United States reported 6,903 retail sales, up 90.5 per cent versus the same month last year. Sales were boosted by strong demand for the XC90 and XC60 models which were the best-selling Volvos in the US for the month. Year-to-date sales in the US market are now up 18.0 per cent.
Retail sales in Europe as a whole were up by 23.9 per cent to a total of 26,646 cars. Sweden reported a market share of 24.3 per cent while also the Netherlands and Germany were growth drivers in Europe with substantial sales increases. The V40 and XC60 were the best-selling Volvo models in Europe while growth was driven mainly by the XC90 model.
Sales in China amounted to 8,045 cars in November, up 15.8 per cent versus the same month last year. The locally produced Volvo XC60 and S60L are the best-selling Volvo models on the market.
Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:
November
|
January – November
| ||||||
2014
|
2015
|
Change
|
2014
|
2015
|
Change
| ||
China
|
6 946
|
8 045
|
15,8%
|
73 071
|
71 766
|
-1,8%
| |
USA
|
3 623
|
6 903
|
90,5%
|
51 451
|
60 706
|
18,0%
| |
Sweden
|
5 718
|
8 164
|
42,8%
|
55 092
|
62 119
|
12,8%
| |
Western Europe
|
15 783
|
18 482
|
17,1%
|
163 283
|
173 598
|
6,3%
| |
Other markets
|
6 871
|
7 461
|
8,6%
|
75 924
|
72 813
|
-4,1%
| |
TOTAL
|
38 941
|
49 055
|
26,0%
|
418 821
|
441 002
|
5,3%
|
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