Published on October 8th, 2020 | by Subhash Nair0
Volvo Cars Global Sales Actually Grew Sept ‘20 vs Sept ‘19
The Covid-19 Pandemic may have been really bad for the automotive industry, but this September, Volvo Car seems to have shown just how prepared they’ve been for a bounce-back. Their global sales in September 2020 is actually up by 4.8% versus September 2019. Last month, the company sold 67,636 cars around the world, with China and the US showing double digit sales growth.
Volvo’s plug-in hybrid and all-electric Recharge range were key to this growth.
For the full sales report, check out the press release below.
Volvo Cars global sales continued to grow in September, with volumes up 4.8 per cent compared with the same period last year, driven by double digit sales increases in China and the US.
The company sold 67,636 cars during the month and the volume growth was driven by a continued strong demand for Volvo Cars’ award-winning SUV range.
In the first nine months, Volvo Cars sold 451,128 cars, down 11.1 per cent compared with the same period last year.
Volvo Cars’ Recharge line-up of chargeable models, with a fully electric or plug-in hybrid powertrain, continued to be popular among customers. The share of Recharge models more than doubled in the first nine months, compared with the same period last year.
In China, sales reached 17,292 cars, up 15.9 per cent compared with September last year and the highest monthly sales volume to date. In the first nine months of the year, sales grew by 3.4 per cent, compared with the same period last year.
US sales in September continued to grow year-on-year during the month and reached 10,274 cars, up 10.2 per cent compared with the same month last year. In the first nine months, US sales declined by 4.9 per cent to 73,604 cars, compared with the same period last year.
Volvo Cars’ sales in Europe reached 30,868 cars in September, down 0.6 per cent versus the same month last year. In the the first nine months of the year, sales declined by 19.2 per cent year-on-year.
In September, the XC40 compact SUV was the top selling model for Volvo Cars, followed by the XC60 mid-size SUV and the XC90 large SUV. During the month, SUVs accounted for 69.8 per cent of the company’s total sales, down from 72.6 per cent in same month last year.
A detailed break-up of regional sales is given below:
During the first nine months, the XC60 was the top selling model with 131,091 cars (2019: 145,629 cars), followed by XC40 with total sales of 121,905 cars (2019: 95,475 cars) and the XC90 with 61,327 cars (2019: 71,830 cars)