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Volvo Car Group announces April retail sales - growth in all major regions and nearly 30,000 orders for new Volvo XC90

Volvo Car Group announces April retail sales

Volvo Cars reports growth in all major regions and nearly 30,000 orders for new Volvo XC90

 

  • Global sales of 38,124 cars, up 2.3 per cent versus April last year
  • Close to 30,000 pre-orders for the new Volvo XC90

 

Volvo Cars posted a 2.3 per cent increase in retail sales for the month of April with growth in all major regions. Deliveries of the new Volvo XC90 have just begun and while no customers have yet had the chance to try out the new car, there are already close to 30,000 pre-orders from across the world. The Torslanda plant in Gothenburg, Sweden has just started up a third production shift to meet customer demand for the new XC90.

 

Sales in Western Europe grew by 8.7 per cent boosted by strong demand for the Volvo XC60 and the V40. Sweden reported a 7.4 per cent increase to a total of 6,017 cars which means a continued strong position with a nearly 20 per cent market share.

 

Volvo Cars’ largest market is China where retail sales were up by 1.8 per cent in April with the Volvo XC60 as the best-selling model. Sales in the USA were flat with 4,636 retail deliveries where the XC60 and S60 were the top sellers.

 

“We have a continued positive momentum already before we start deliveries of the new XC90, so we are on track for another good year at Volvo Cars,” said Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars. “More than half of this year’s total volume of the new XC90 has already been sold and our dealerships are now preparing for open doors to show the new car to customers”.

 

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

 

 

April

 

January – April

               
 

2014

2015

Change

 

2014

2015

Change

               

China

6 612

6 732

1,8%

 

24 021

24 043

0,1%

               

USA

4 635

4 636

0,0%

 

18 333

18 359

0,1%

               

Sweden

5 602

6017

7,4%

 

18 659

20 110

7,8%

               

Western Europe

13 737

14 937

8,7%

 

57 197

58 459

2,2%

               

Other markets

6 676

5 802

-13,1%

 

27 222

24 874

-8,6%

               

TOTAL

37 262

38 124

2,3%

 

145 432

145 845

0,3%

 

The Volvo XC60 was the best-selling mode in April with 13,187 sold cars (2014: 10,636), followed by the Volvo V40 and V40 Cross Country for which deliveries reached a total of 8,050 cars (2014: 7,962). The S60 and S60L models were third best selling at 5,089 cars (2014: 5,694). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.

 

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Volvo Car Group in 2014

For the 2014 financial year, Volvo Car Group recorded an operating profit of 2,252 MSEK (1,919 MSEK in 2013). Revenue over the period amounted to 129,959 MSEK (122,245 MSEK). For the full year 2014, global sales reached a record 465,866 cars, an increase of 8.9 per cent versus 2013. The record sales and operating profit cleared the way for Volvo Car Group to continue investing in its global transformation plan. 

 

About Volvo Car Group

Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 465,866 in 2014 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.

 

As of December 2014, Volvo Cars had over 26,000 employees worldwide. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium) and Chengdu (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).

Keywords:
Sales Volumes, Mission
Descriptions and facts in this press material relate to Volvo Cars' international car range. Described features might be optional. Vehicle specifications may vary from one country to another and may be altered without prior notification.