Published on February 5th, 2016 | by Daniel Sherman Fernandez0
Volvo Cars global sales up 9.4% with strong growth in all regions
Volvo Cars posted a 9.4% increase in retail sales for the month of January, selling 33,761 cars globally. Sales of the all-new Volvo XC90 were the main growth driver in all regions.
China was Volvo’s biggest market in January with sales amounting to 7,228 cars in January, up 22.9 versus the same month last year. This follows a strong end of 2015 during which Volvo reported more than 15% increases for November and December in China. The incremental sales in January came from the new Volvo XC90 as well as the locally produced Volvo XC60 and S60L models.
The United States reported 4,243 retail sales, up 11.8% versus the same month last year. Sales were boosted by strong sales of the new Volvo XC90 which was also the best-selling Volvo model in the US for the month.
Retail sales in Europe as a whole were up by 6.6% to a total of 16,951 cars. Several key markets including Sweden, Belgium and Germany reported increasing sales and the Volvo XC60 was the best-selling model while the new XC90 represented most of the growth for the month. For the full year 2015, Volvo Cars reported a record retail sales of 503,127 cars, up 8.0% versus 2014.
Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:
|January retail sales|
|China||5 879||7 228||22,9%|
|USA||3 795||4 243||11,8%|
|Sweden||3 628||3 941||8,6%|
|Western Europe||12 277||13 010||6,0%|
|Other markets||5 275||5 339||1,2%|
|TOTAL||30 854||33 761||9,4%|
The Volvo XC60 was the best-selling model in January with 10,214 sold cars (2015: 10,403), followed by the new Volvo XC90 for which deliveries reached 6,219 cars (new). Volvo V40 and V40 Cross Country was the third best-selling model at 6,165 cars (6,990).