Volvo Car Group announces February retail sales:
China sales up 31 per cent for the first two months
Volvo Car Group reports global retail sales of 28,627 cars for the month of February and for the period January-February, retail sales were down 5.5 per cent. The Volvo S60 and XC60 models continue to perform strongly globally and sales in China have increased by 31 per cent in the first two months of 2013.
The United States was Volvo Car Group's number one market with 4,867 sold cars in February. Sales were driven by strong customer demand for the Volvo S60 sedan and the XC60 crossover. Both models are performing very well in their respective segments.
European markets continue to struggle with weak consumer demand following the economic situation. The total car market in Europe as well as sales of Volvo cars has declined this year. In Sweden, Volvo has outperformed the market development and the Volvo share was more than 20 per cent of the total Swedish market for the first two months of this year.
In China, retail sales were flat - a good result considering the timing of the Chinese New Year which had a dampening effect on February sales. Looking at January and February as a whole, China retail sales were up by 31 per cent. Sales were mainly driven by strong demand for the 60-series car models.
Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:
January - February
of which Sweden
Rest of World
The Volvo XC60 was the best-selling model in February with 7,402 sold cars (2012: 7,365), followed by the Volvo V40 for which deliveries reached 5,029 cars (new model). Including the Cross Country version, the V40 reached 6,016 sold cars. The third best-selling model was the Volvo S60 with 4,572 cars (5,407). 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