Solid performance for Volvo in August

Worldwide
Published:  06 September, 2018

The premium car brand has recorded a +14.5% rise in global sales in August compared with the same month in 2017, setting a new record.

Volvo Cars sold a total of 43,361 units in August, driven by growth in all the key regions of the U.S., China and Europe. Between January and August, a total of 411,931 cars were sold globally, representing a +14.5% increase year-on year.

August sales in the U.S. market grew 12.2%, led by demand for the best-selling XC60 and XC90. A total of 8,970 units were sold, up from 7,994 cars in August last year. Sales in China grew +18.4% attributed to strong demand for the locally produced XC60 and S90 and representing 11,386 units delivered in the month. Europe reported sales of 14,923, up +4.9% from 14,221 cars in August 2017 and driven by demand for the new XC60, the S90 series cars and the XC40.

Globally, Volvo says the XC60 model continued to be the best-selling model in the first eight months of the year, with 116,381 cars sold (2017: 5,304 units), followed by the XC90 with total sales at 61,949 cars and the Volvo V40/V40 Cross Country at 51,739 cars. A total of 39,286 XC40 were delivered, while the S90 is said to have generated volumes of 39,149 units.