Volvo Car Group sales up 39.7% in China in April; 18% of sales
5 May 2014
Global sales at Volvo Car Group (Volvo Cars) continued to grow in April, rising 10.5% compared to the same month last year to 37,256 cars, driven by strong growth in China and positive performances in the US and several key European markets. China was once again Volvo Cars’ largest market in April with 6,581 retail sold cars (17.7% of total), up 39.7% versus the same month last year.
All Volvo models on offer in China grew in sales with the Volvo XC60 being the best-selling model, while also demand for the S60L and V40 models continued to build strong sales numbers.
The US reported a second month of year-on-year growth with sales increasing by 3.6% in April to 4,635 units, boosted by strong sales of Volvo’s ’60-series models, now also including the Volvo V60 sportswagon which represented the majority of the growth. Also Europe contributed to Volvo Cars’ growth in April with the UK, Spain and Netherlands being the highlights. Overall, sales in Western Europe were up by 6.2% compared to April 2013 to 13,737 units.
Volvo Cars continued its strong performance in Sweden with close to 21% share of the total car market. April retail sales were up 19.6% to 5,602 cars, and continued to be boosted by the “Made by Sweden” campaign.
The Volvo XC60 was the best-selling model in April with 10,636 sold cars (2013: 8,575), followed by the Volvo V40 and V40 Cross Country for which deliveries reached a total of 7,961 cars (7,345). The third best-selling model was the Volvo V60 with 4,800 cars (4,256).
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