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Volvo Cars announces July retail sales: global sales up 14 per cent, strong growth in China and Europe

Volvo Car Group announces July retail sales:

Global sales up 14 per cent boosted by strong growth in China and Europe

 

Volvo Car Group (Volvo Cars) reports global retail sales of 33,650 cars for the month of July, an increase of 14 per cent compared to July 2012. China again grew substantially and European sales were also up significantly thanks to the success of the Volvo V40 model. For the period January to July, global sales were down by 3.2 per cent.

Volvo XC60

The United States became Volvo Cars' number one market in July with 5,908 retail sold cars, representing a growth rate of 3.3 per cent compared to the same month last year. The Volvo S60 and XC60 models represented the majority of sales.

 

Volvo Cars in China continues to report rapid growth and sales in July grew by 61.6 per cent to 4,640 cars. The majority of growth came from the XC60 model which reached 2,278 sold cars, a new all-time sales record for an individual month.

 

Volvo Cars continued to strongly outperform the market in Sweden and retail sales grew by 15.1 per cent in July to 3,258 cars. Volvo Cars continues to be the market leader and Volvo's V-line models with the V70, V60 and V40 dominate sales in Sweden. Also the rest of Europe reported significant growth in July. Several European markets increased retail sales with most of the growth explained by the Netherlands and the Volvo V40 model.

 

Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

 

 

July

 

January - July

               
 

2012

2013

Change

 

2012

2013

Change

               

China

2 872

4 640

61,6%

 

24 250

33 342

37,5%

               

USA

5 720

5 908

3,3%

 

40 337

38 486

-4,6%

               

EU20*

14 599

17 056

16,8%

 

137 878

126 839

-8,0%

               

 of which Sweden

2 831

3 258

15,1%

 

29 127

28 643

-1,7%

               

Rest of World

6 314

6 046

-4,2%

 

48 349

44 100

-8,8%

               

TOTAL

29 505

33 650

14,0%

 

250 814

242 767

-3,2%

 

The Volvo XC60 was the best-selling model in July with 8,810 sold cars (2012: 7,792), followed by the Volvo V40 for which deliveries reached 7,057 cars (1,328). Including the Cross Country version, the V40 reached 8,533 sold cars. The third best-selling model was the Volvo S60 with 4,846 cars (5,057). Historical sales figures by model can be found in the Sales Volume section of the Global Newsroom.

 

*EU20 includes Sweden, Norway, Denmark, Finland, Netherlands, Belgium/Luxemburg, France, Spain, Italy, Greece, Portugal, UK, Ireland, Germany, Switzerland, Austria, Poland, Hungary and Czech Republic

Keywords:
Corporate News, Product News
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