Automotive

Published on June 5th, 2018 | by Daniel Sherman Fernandez

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Volvo Cars’ global sales up by 13.3% in May

Volvo Cars’ sales momentum continued in May with global sales up 13.3% compared with the same month last year, as the premium carmaker grew in all its main markets. In the first five months of 2018, sales grew by 13.6% compared to the year before, to a total of 253,581 cars. Total sales in May reached 53,539 cars with Volvo’s SUV line-up and 90-series cars as the month’s main growth drivers. The US continued its good momentum in May, growing by 50.6% to 9,338 cars compared with the same month last year, led by a strong performance from Volvo’s SUV-line-up.

Sales in China, Volvo’s largest market, increased by 8.2% following high demand for the locally produced XC60 and S90 models. Total sales for the month amounted to 10,582 cars.

In Europe, sales reached 25,395 cars in May, increasing by 1.7% compared with May 2017 following good sales of the 90-series cars as well as the XC60 and XC40.

Globally, the new Volvo XC60 was the best-selling model in May with 16,171 cars sold (2017: 48), followed by the Volvo XC90 with 7,979 cars sold (6,647). The Volvo V40/V40 Cross Country was third with 5,844 sold cars (7,997).

 MayJanuary – May
 20172018Change20172018Change
Europe24,98225,3951.7%125,793131,2674.4%
China9,77910,5828.2%41,80149,79219.1%
US6,2029,33850.6%26,79937,75440.9%
Other6,2848,22430.9%28,89734,76820.3%
TOTAL47,24753,53913.3%223,290253,58113.6%

 

 


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