Volvo Cars' global sales up 12.6 per cent, growth in China, Europe and US

Volvo Cars posted a 16th consecutive month of retail sales growth in October, with China, Europe and the United States all recording a sales increase compared to October 2013.

China, Volvo Cars' largest market, reported October sales of 6,917 cars, up 36 per cent versus
October last year and the accumulated sales result for the first ten months of the year has already passed the full year result for 2013. The Volvo S60L sedan was the best-selling model followed closely by the XC60 crossover.

In Sweden, Volvo Cars sold 6,609 cars, up 30 per cent from the same month last year. The market share was 22.3 per cent with four Volvo models on the top 10 list of best-selling cars.

Volvo Cars continued its strong performance in Europe in October, where sales rose 12.1 per cent versus October last year. The UK market was the main growth driver where sales of the Volvo XC60 more than doubled versus last year. Germany and all Southern European markets also reported positive developments. The V40 remains the best-selling Volvo model in Europe, helped by its strong and class-leading line-up of Drive-E engines.

The United States was up by 1.4 per cent to 3,972 cars making it Volvo Cars' third-largest individual market in October. The Volvo S60 and XC60 models were the best-selling models during the month.

"It's very encouraging to see that all of our top five markets reported growth for the month which is a clear sign of a strong product offer," said Alain Visser, Senior Vice-President, Marketing, Sales and Customer Service at Volvo Cars. "I'm also looking forward to see the reactions on what we will reveal at the upcoming motor shows in Los Angeles and Guangzhou this month."

Posted in: Africa,Alain Visser,Asia Pacific,Australia,Europe,Global Sales,North America,October,Sale Report,South America,Volvo