Volvo Cars Reports 7.1 Per Cent Global Sales Growth In July

Volvo Cars' global sales continued to grow at a steady pace in July, up 7.1 per cent compared with the same period last year.

In the January-to-July period, Volvo's total sales reached 395,372, up 7.3 per cent compared with the same period last year.

The volume growth in July was on the back of continued strong demand for Volvo's award-winning SUVs, led by the XC60 and followed by the XC40 and the XC90. The company's latest models, the V60 estate and the US-made S60 saloon, also contributed to the volumes.

Volvo's sales in Europe reached 25,518 cars in the month, up 4.8 per cent compared with the same period last year. The XC40 was the top-selling model in the region during the month, followed by the XC60.

Sales in China grew 24.9 per cent compared with the same period last year, to reach 12,639 cars. The growth was led by strong demand for the locally produced XC60 and the S90. The XC40, which started local production recently, also contributed to the volume growth.

A detailed break up of regional sales is given below.

	July			January-July
	2018	2019	Change	2018	2019	Change
Europe	24,355	25,518	4.8%	188, 835	199,916	5.9%
China	10,121	12,639	24.9%	71,601	80,380	12.3%
US	8,622	8,795	2.0%	56,244	58,915	4.7%
Other	7,833	7,594	-3%	51,890	56,161	8.2%
Total	50,931	54,546	7.1%	368,570	395,372	7.3%

Globally, the XC60 continued to be the top-selling model in July, with sales reaching 14,740 cars (2018: 14,231 units), followed by the XC40, with sales of 12,198 cars (2018: 9,005 units), and the XC90 at 7,625 cars (2018: 7,157 units).

Photo credit: Volvo
posted on conceptcarz.com