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Monday, October 10, 2016

Volvo Enjoys Impressive Bump In Worldwide Sales

#Volvo has posted its 16th consecutive month of growth and is on target for a record-breaking year of sales.

In September, it delivered a total of 48,259 vehicles around the world, up 6 per cent over the same month last year. The impressive September growth also helped Volvo achieve 379,329 sales for the first nine months of this year, 9.6 per cent better than Jan-Sep in 2015.

Of all markets, China accounted for the most significant increase in September sales, soaring by 27.8 per cent to 8,891 units sold. Sales also increased in the United States by 1.6 per cent and Western Europe by 5.3 per cent but fell in Sweden by 5.3 per cent and other markets by 0.5 per cent.

Through the first three quarters of the year, the United States has enjoyed the largest gains. In fact, sales are 26.2 per cent higher and this year, 58,532 vehicles have been sold locally compared to the 46,381 of 2015. In China, year-to-date sales are up by 11.9 per cent, in Sweden by 5.6 per cent, Western Europe by 6.7 per cent and other markets by 4.1 per cent.

The firm's most popular model remains the XC60 and in the first nine months of 2016, 111,937 have been sold. Next up is the V40/V40 Cross Country with 71,790 sold and the XC90 third with 66,347 sales so far this year.
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