China and U.S. drive Volvo sales in September

Worldwide
Published:  05 October, 2020
Volvo XC60

Volvo Cars sales grew 4.8% in September, driven by double digit sales increases in China and the U.S..

A total of 67,636 units were sold in September, boosted by a continued strong demand for Volvo Cars’ SUV range. In the first nine months of the year, the automotive manufacturer sold 451,128 units, down 11.1% compared with the same period in 2019. According to the manufacturer, its recharge line-up of chargeable models, with a fully electric or plug-in hybrid powertrain, continued to be popular among customers, with its share more than doubling since the beginning of the year. 

In China, sales reached 17,292 cars in September, up 15.9% compared with the same month in 2019, and representing the highest monthly sales volume to date. In the first nine months of the year, sales in China grew 3.4%, year-on-year. In the U.S., sales in September continued to grow year-on-year during the month and reached 10,274 cars (+10.2%). Between January and September, U.S. sales declined 4.9% to 73,604 units, compared with the same period of the prior year. In Europe, a total of 30,868 units were sold in September, down 0.6% year-on-year, while sales declined 19.2% in the first nine months of the 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% of the company’s total sales, down from 72.6% in same month of 2019.