Volvo Cars sells 93,863 units in first two months of 2019, up 11.3%

Volvo Cars’ sales momentum remained strong in 2019 after the company posted an 11.3 percent growth in global sales for the first two months of the year, compared with the same period last year. The company sold a total of 93,863 cars in January and February.

The sales growth in the first two months was led by the strong performance of the SUV range led by the XC60, and followed by the XC40 and the XC90. The company’s new cars, the V60 estate and the US-built S60 sedan, also contributed to the increased volumes.

In February, Volvo Cars sold a total of 43,184 cars – up 5.5 percent as compared with the same month last year.

The company’s European sales grew 12.9 percent in the first two months of 2019 to 49,195 cars, compared to the same period last year. The double-digit growth came on the back of strong demand for the XC60 and XC40 SUVs and the new V60.

In China, sales grew by 2.2 percent to 18,473 cars in the first two months, compared with the same period last year. The growth was driven by the locally assembled XC60 and S90 models. In February the company sold 6,516 cars, down 0.2 percent compared to February 2018.

In January and February, US sales reached 12,489 cars, up 5.4 percent, compared with the same period last year. XC60 was the bestselling model in the region during the month, followed by the XC90. In February total sales reached 6,635 cars, up 5.6 percent.