Volvo sales return to growth in the U.S. market

Worldwide
Published:  07 July, 2020
Volvo XC60

Volvo Cars sold a total of 61,483 units worldwide in June, down 2.1% compared with the same month in 2019. The premium carmaker said sales in the U.S. returned to growth, while China continued to show positive trends.

In the first six months of the year, Volvo Cars sold 269,962 units globally, down 20.8% compared with the same period in 2019. In June, sales in the U.S. totalled 10,385 units, up 4.5% year-on-year and, for the first six months, U.S. sales declined 13.7% to 43,255 cars, compared with the same period a year ago. In China, Volvo said sales continued to grow year-on-year during the month and reached 15,105 units (+14.1%), but in the first half sales were down 3%. In Europe, sales in June totalled 28,277 units, down 6.5% year-on-year and declined 29.5% in the first six months of 2020.

In June, the XC60 mid-size SUV was the top selling model for the manufacturer, followed by the XC40 compact SUV and the XC90 large SUV. During the month, SUVs accounted for 71.2% of the company’s total sales, up from 60% in the same month of 2019. The share of Volvo Cars’ Recharge line-up of chargeable Volvo models is reported to have more than doubled in the first six months. Recharge is the overarching brand name for all chargeable Volvo models with a fully electric or plug-in hybrid powertrain.