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    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    India Achieves Landmark Trade Victory, Unlocks $30-Trillion U.S. Market for Exports Across Key Sectors

    Levi’s® Brand Debuts “Behind Every Original” Campaign With Super Bowl Film Highlighting Backstories and Backsides

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Volvo Cars global sales grew 16.7 per cent in January 2019

FWM by FWM
February 4, 2019
in Auto
0
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Feb 04, 2019

Volvo Cars started 2019 on a strong note after the company posted a 16.7 per cent growth in global sales for January, compared to the same period last year, as all the key regions of US, China and Europe contributed to the increase.

In January, Volvo Cars sold a total of 50,679 cars, as demand for its award-winning SUV line-up continued to be strong. The company’s newest cars, the V60 estate and the S60 sedan, also contributed to the strong sales increase.

In China, sales grew by 3.6 per cent to 11,957 cars in January, compared with the same month last year, driven by demand for the locally assembled XC60 and S90 models.

Sales in the US grew by 5.2 per cent to 5,854 cars in January, compared with the corresponding month in 2018. XC60 was the bestselling model in the region during the month, followed by the XC90.

Volvo Cars’ European sales grew by 24.4 per cent in January to 26,195 cars, compared with the same period last year. The robust performance was on the back of high demand for the XC60, XC40 SUVs and the new V60.

A detailed regional break-up of sales for January is given below.

 

January

January

2018

2019

Change

Europe

21,061

26,195

24.4%

China

11,537

11,957

3.6%

US

5,567

5,854

5.2%

Other

5,274

6,673

26.5%

Total

43,439

50,679

16.7%

In January, Volvo’s XC60 was the top selling model with sales reaching 15,593 cars (2018: 11,656), followed by the XC40, with total sales at 8,113 cars (2018: 395 units), and the Volvo XC90 at 6,520 cars (2018: 6,772 units). The Volvo V40 and V40 Cross Country sold 4,921 units (2018: 6,043 units) and new V60 Estate sedan sold 4,097 units in January.

Tags: Volvo Cars
FWM

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