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July 6, 2017

Volvo Cars boosts half year sales

Geely's Volvo Cars, which has just announced an updated electrification plan, expects "another record year in retail sales" after posting an 8.2% increase for the first six months of the year. Total sales tally for the first half of 2017 was 277,641 cars, versus 256,563 a year earlier.

Geely’s Volvo Cars, which has just announced an updated electrification plan, expects “another record year in retail sales” after posting an 8.2% increase for the first six months of the year. Total sales tally for the first half of 2017 was 277,641 cars, versus 256,563 a year earlier.

Global retail sales in June rose 5.7% to 54,351 units.

Strong demand for the new 90 series cars gave the brand a boost while the first generation XC60 – now being replaced by a redesigned line – remained the best-selling model overall.

The Asia Pacific region saw growth of 27.3% in June to 13,769 cars. Sales in China, the brand’s largest market, increased by a strong 30.9% to 10,113 cars.

Asia Pacific region H1 growth was 22.6% with China up 27.6% helped by strong demand for the locally-produced XC60, S60L and S90 models.

First-half sales in the EMEA region were up by 6.6% to 164,128 cars sold, as the region continued to see strong demand for the new V90 and XC90 as well as the XC60. Strong performing markets included Sweden, the United Kingdom, France and Germany. June sales in the region were up 3.9%.

The Americas region reported sales of 41,277 cars for the first six months of 2017, of which 34,102 were in the US. The most popular model in the region was the XC90, followed by the XC60.

Globally, the Volvo XC60 was the best-selling model in June with 16,905 cars sold (2016: 15,536), followed by the V40/V40 Cross Country with 9,434 (10,142). The XC90 was third with 7,972 (8,280).

Last night, a PR saved Volvo’s life

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