Volvo Cars reports global growth

Volvo Cars continued its sales momentum in September with growth in all main regions, compared with the same month last year, and remains on track for a fourth consecutive year of record sales.

Sales in September reached 53,674 cars sold, up 11.2% compared with the same month last year. In the first nine months of 2017, sales amounted to 413,472 cars, up nine per cent compared with the same period last year.

Strong demand for the 90 series cars, and the ramping up of production of the new XC60, continued to be an important factor in the company’s sales growth.

The UK recorded sales of 7,865 in September, up 0.5% over the same period last year. Sales for the first nine months of 2017 were 36,574 cars, an increase of 4.9% versus the first nine months of 2016. The XC60 is the best-selling model in the UK so far this year, followed by the V40 and the XC90.

Jon Wakefield, managing director of Volvo Car UK, said, ‘These impressive figures show that we are well on track for another record year of sales for Volvo here in the UK. They are a result of the desirability of our cars, and of all the hard work from everyone at Volvo Car UK and the dealer network.’

In China, Volvo’s largest market, sales grew by 29.8% in September compared with the same month last year, as the company sold a total of 11,544 cars. In the US, Volvo reported a strong 40.7% increase year-on-year for the month of September. Sales in the EMEA region grew by 0.8% in September, to 29,606 cars.