Volvo Cars' global sales up 5.5% in May

Swedish automaker Volvo Cars posted a 5.5% increase in global sales for the month of May, selling 42,107 cars.

Sales of the new Volvo XC90 were the main growth driver globally, while the XC60 continues to be the best-selling model overall. Global growth for the first five months was 10.4%.

China was Volvo’s biggest market in May, reporting sales of 7,045 cars, posting a flat growth of 1.1% versus the same month last year. The best-selling cars were the locally produced Volvo XC60 and S60L models.

The United States reported a sales increase of 10.2% versus the same month last year as sales amounted to 5,536 cars. The new Volvo XC90 was the best-selling Volvo model in the US with the XC60 in second place.

Sales in Europe as a whole amounted to 22,638 cars, up 3.3%. Sweden was Volvo Cars’ second biggest market for the month with 6,545 sold cars, up 9.5% versus May last year. Volvo continues to hold the leading position in its home market with four models on the top 10 list of best-selling cars. The Volvo V40 was the company’s best-selling model in Europe while the new XC90 represented most of the growth for the month.

The Volvo XC60 was the best-selling model in May with 12,029 sold cars (2015: 13,183), followed by the Volvo V40/V40 Cross Country with 7,833 sold cars (8,838). The Volvo XC90 was the third best-selling model with 6,714 cars (new). 

Also read: XC60 and XC90 drive Volvo Cars’ global sales in April