Published on May 4th, 2017 | by Subhash Nair0
Volvo Cars Global Sales Grows by More than 10% in April
Volvo Cars, the premium carmaker, saw a good start to the second quarter in April, reporting global retail sales growth of 10.5 per cent for the month. Volvo Cars’ three main sales regions all contributed to the double-digit growth.
Total sales for the month amounted to 46,895 cars, compared to 42,434 cars the year before. Growth for the first four months of 2017 amounted to 8.0 per cent.
Firm demand for the new 90 series cars remains an important factor in Volvo’s positive sales performance, while the original XC60 remains the best-selling model overall. The new, second-generation XC60 went into production last week and the first cars will soon reach customers.
The Asia Pacific region reported sales growth of 29.5 per cent in April to 11,222 cars, on the back of a very encouraging performance in China, Volvo’s largest market. Sales in the country rose 38.3 per cent to 8,687 cars on robust demand for the locally produced S90, XC60 and S60L models.
The Americas region returned to growth in April with a strong performance in the US market. Sales in the region amounted to 8,411 cars, up 14.0 per cent from a year earlier, while the US market grew by 15.4 per cent to 7,121 cars. The XC90 was the best-selling car in the market for the month, followed by the XC60.
Sales in the EMEA region increased by 3.7 per cent in April to 26,996 cars, boosted by a solid performance in the western European markets. Europe’s most popular premium mid-size SUV, the XC60, remained Volvo’s best-seller in the region and claimed the top position for best-selling models in Sweden in April.