Volvo sales up 8.2% in first half
Published: 07 July, 2017
Volvo Cars has posted an 8.2% increase in sales in the first six months of the year and says it remains firmly on course for another record year in retail sales.
A total of 277,641 cars were sold in the first half of 2017 compared with 256,563 cars a year earlier. Global retail sales in June came in at 54,351, an increase of 5.7% compared with June 2016. Strong demand for the new 90 series cars are said to continue to be an important factor in Volvo's positive sales performance, with the first-generation XC60 remaining the best-selling model overall.
The Asia Pacific region reported a 27.3% sales growth in June 2017 to 13,769 cars. Sales in China, Volvo's largest market, increased by 30.9% to 10,113 cars. In the first six months, growth in the Asia Pacific region amounted to 22.6%, while China was up 27.6 %. The result was supported by strong demand for the locally produced XC60, S60L and S90 models, according to the manufacturer.
First-half sales in the EMEA region were up 6.6% to 164,128 cars. The region continued to see strong demand for the new V90 and XC90, as well as the XC60. Strong-performing markets include Sweden, UK, France and Germany. June sales in the region were up 3.9%.
The Americas region reported sales of 41,277 vehicles for the first six months of 2017, of which 34,102 in the U.S. The most popular model in the region was the XC60, followed closely by the XC90.
Globally, the Volvo XC60 is reported as the best-selling model in June, with 16,905 cars sold (2016: 15,536), followed by the Volvo V40/V40 Cross Country, with 9,434 cars sold (2016: 10,142). The XC90 was third, with 7,972 sold cars (2016: 8,280).
Other articles of interest
Strongest ever half-year sales for Mercedes-Benz
Hugo Boss sales remain stable in first quarter
BMW Group achieves record first half-year results
Record global sales for Mercedes-Benz