Volvo Sales Up 8.2% in First Half of 2017

Volvo Cars, the premium carmaker, remains firmly on course for another record year in retail sales after posting an 8.2 per cent increase for the first six months of the year. Total sales in the first half of 2017 amounted to 277,641 cars, compared to 256,563 cars a year earlier.

Global retail sales in June came in at 54,351 cars, an increase of 5.7 per cent compared to the same month last year.

Strong demand for the new 90 series cars continues to be an important factor in Volvo’s positive sales performance, while the first generation XC60 remains the best-selling model overall.

 

High Demand for 90 Models is Driving Sales

The Asia Pacific region reported sales growth of 27.3 per cent in June to 13,769 cars. Sales in China, Volvo’s largest market, increased by a very healthy 30.9 per cent to 10,113 cars.

For the first six months, growth in the Asia Pacific region amounted to 22.6 per cent, while China was up 27.6 per cent for the period. The result was supported by strong demand for the locally-produced XC60, S60L and S90 models.

First-half sales in the EMEA region were up by 6.6 per cent to 164,128 cars sold, as the region continued to see strong demand for the new V90 and XC90 as well as the XC60. Strong performing markets include Sweden, the United Kingdom, France and Germany. June sales in the region were up 3.9 per cent.

The Americas region reported sales of 41,277 cars for the first six months of 2017, of which 34,102 in the United States. The most popular model in the region is the XC90, followed closely by the XC60.

 

Source | Images: Volvo Cars.

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