Volvo Cars’ global sales up 13.3% to 53,539 units in May

by Autocar Pro News Desk , 04 Jun 2018


Volvo Cars' SUV line-up: XC60, XC90 and XC40.

Premium carmaker Volvo Cars’ sales momentum continued in May 2018 with global sales up 13.3 percent compared with the same month last year, as growth came from all its main markets.

In the first five months of 2018, sales rose by 13.6 percent compared to the year before, to a total of 253,581 cars. Total sales in May 2018 reached 53,539 cars with Volvo’s SUV line-up and 90-series cars as the month’s main growth drivers.

The US continued its good momentum in May, growing by 50.6 percent to 9,338 cars compared with the same month last year, led by a strong performance from Volvo’s SUV-line-up.

Sales in China, Volvo’s largest market, increased by 8.2 percent following high demand for the locally produced XC60 and S90 models. Total sales for the month amounted to 10,582 cars.

In Europe, sales reached 25,395 cars in May, increasing by 1.7 percent compared with May 2017 following good sales of the 90-series cars as well as the XC60 and XC40.

Globally, the new Volvo XC60 was the best-selling model in May 2018 with 16,171 cars sold (2017: 48), followed by the Volvo XC90 with 7,979 cars sold (6,647). The V40/V40 Cross Country was third with 5,844 sold cars (7,997).  

Retail sales status for the Volvo Car Group is as follows:

 

May

January – May

 

2017

2018

Change

2017

2018

Change

Europe

24,982

25,395

1.7%

125,793

131,267

4.4%

China

9,779

10,582

8.2%

41,801

49,792

19.1%

US

6,202

9,338

50.6%

26,799

37,754

40.9%

Other

6,284

8,224

30.9%

28,897

34,768

20.3%

TOTAL

47,247

53,539

13.3%

223,290

253,581

13.6%

Recommended: In conversation with Charles Frump, MD, Volvo Car India video

Volvo Cars India opens new dealership in Kolkata, to set up 6 more by December

Volvo Cars to expand production of XC40 to meet surge in demand

New S60 to be first Volvo to be produced without a diesel engine

Volvo to embed Google Android in its next-gen connected cars

By 2025, 50% of all Volvo sales will comprise full EVs

 

 

 

Tags: Volvo Cars