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12 December, 2018 - 13 December, 2018
The premium car maker reported a strong sales month in March 2017, up 9.3% year-on-year attributed to double-digit growth in the Asia Pacific and EMEA regions.
Total worldwide sales of Volvo cars in March 2017 amounted to 57,158 units, compared with 52,279 cars a year earlier, and growth in the first quarter of 2017 was 7.1%. According to the automotive manufacturer these results “put the company firmly on course for a fourth consecutive record year in retail sales”.
Strong demand for the new 90 series cars is said to remain an important factor in Volvo’s positive sales performance, while the soon-to-be-replaced XC60 remains the best-selling model overall. A new XC60 was recently revealed at the Geneva Motor Show and production is to start at the Torslanda plant in Sweden.
Sales in the Asia Pacific grew 16.7% in March to 12,949 cars, boosted by a strong performance in China, Volvo’s largest market, where sales rose 20.6% to 9,095 cars, following strong demand for the locally produced XC60 and S60L models, as well as the XC90 and S90.
Sales in the EMEA region increased 13.6% to 37,206 units on the back of a strong performance in Sweden and double-digit growth in the UK and Germany. The region continued to see strong demand for the new V90 and XC90, as well as Europe’s most popular premium mid-size SUV, the XC60.
The Americas region reported sales of 6,687 cars, of which 5,356 were in the U.S. The most popular model in the region was the XC60, followed closely by the XC90.