Volvo Cars’ global sales up 2.6 percent, growth in China and Europe

Volvo Cars posted a 17th consecutive month of retail sales growth in November, with China and Europe recording a sales increase compared with November 2013 with global sales of 38,941 cars, up 2.6 percent versus previous November. The best-selling Volvo model, the XC60 crossover, passed its full year 2013 sales figure of 114,000 cars already by mid-November this year and has thereby set a new all-time high record.

China, Volvo Cars’ largest market, reported November sales of 6,933 cars, up 15.6 percent versus November last year while the growth rate for the first 11 months was 33.6 percent. The Volvo XC60 crossover was the best-selling model followed closely by the S60L sedan.

In Sweden, Volvo Cars sold 5,718 cars, up 6.5 percent from the same month last year. Its market share was more than 21 percent with the Volvo V60 and V70 models being the best-selling ones.

Volvo Cars also continued to grow in Europe during November. Sales rose 3.4 percent versus the same month last year. The main growth drivers were the UK, Germany and France.

Sales in the United States were down by 14.4 percent to 3,623 cars in November. The Volvo XC60 and S60 models were the best-selling models during the month.

“With no less than 17 months of consecutive growth we have demonstrated that Volvo Cars’ growth is both consistent and sustainable,” says Alain Visser, senior vice-president (Marketing, Sales and Customer Service) at Volvo Cars. “It was also encouraging to get all the positive feedback on the new Volvo V60 Cross Country which is a great addition to an already very attractive product offer”.