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

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. Sales in the US and China remained robust in May 2018.

By Autocar Pro News Desk

04 Jun 2018

3563 Views

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%