Volvo Cars global sales continued to grow in October, with volumes up 7.1 percent compared with the same period last year, driven by double digit sales increases in China and the US.

The share of Recharge models, with a fully electric or plug-in hybrid powertrain, more than doubled in the first ten months, compared with the same period last year, and now make up 16.0 percent of global sales. In Europe, the share was 27.0 percent the same period.

In the first ten months, Volvo Cars sold 516,418 cars, down 9.2 percent compared with the same period last year.

In China, sales reached 16,723 cars, up 19.1 percent compared with October last year. In the first ten months of the year, sales grew by 5.2 percent, compared with the same period last year.

US sales in October continued to grow year-on-year during the month and reached 10,691 cars, up 21.4 percent compared with the same month last year. In the first ten months, US sales declined by 2.3 percent to 84,295 cars, compared with the same period last year.

In October, 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 73.3 percent of the company's total sales, up from 65.3 percent in same month last year.

A detailed break-up of regional sales is given below:

                      

October			January-October
	2019	2020	Change	2019	2020	Change
Europe	29,510	28,154	-4.6%	277,120	228,215	-17.6%
China	14,039	16,723	19.1%	123,551	130,001	5.2%
US	8,807	10,691	21.4%	86,239	84,295	-2.3%
Other	8,603	9,772	13.0%	81,753	73,953	-9.6%
Total	60,959	65,290	7.1%	568,663	516,418	-9.2%

During the first ten months, the XC60 was the top selling model with total sales of 149,855 cars (2019: 163,827 cars), followed by the XC40 with 142,159 cars (2019: 108,295 cars) and the XC90 with 70,195 cars (2019: 80,010 cars)

Photo credit: Volvo
posted on conceptcarz.com