|Volvo Cars have declared an uptrend in global sales as overall figures picked up 3.7 percent compared to the past year. Like all Continental marques, Volvo cars have the huge Chinese market to thank for its fourth consecutive month spike and 50.1 percent hike in October alone. Total global sales in units is reflected at 36,127.|
The most populated country in the world put Volvo at the top of the food chain last month with 5,086 units delivered for a record hike of 50.1%. The best-selling model was the Volvo XC60 with 2,321 cars. China was also the second biggest market for the V40 model, after the Netherlands.
European market shows stability for Volvo
In Europe, the Netherlands continues to be the growth driver thanks to a high and stable demand for the attractive low-CO2 versions of the Volvo V40. The Netherlands is also the biggest market for the Volvo V60 Plug-in Hybrid with close to 1,000 cars sold in October.
The V60, V70 and XC60 are the top three variants in the Volvo’s homeland where the Swedish marque again captured more than 20 per cent share of the total market and thereby retained its lead position. In the U.S.A., the new model year 2014 versions boosted sales of the S60, S80 and XC70 variants and a total of 3,919 cars were delivered in October. The Volvo XC90 is also a popular variant in the North American market.
“Our offer is now very strong with a number of new products in the showrooms and we expect continued growth as more markets are launching the new cars and Drive-E powertrains. China in particular is performing outstanding and we expect a full year result well above our target,” Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars, remarked.
Volvo’s best selling variant for October
The Volvo XC60 was the best-selling variant last month with 9,954 units, from the previous year’s 8,974 units; followed by the V40 for which deliveries reached 7,259 cars (6,228 in 2012). The V40 Cross Country achieved 9,489 units, while the third best-seeling variant was the V60 with 5,170 units (4,857).