Geely's Volvo Cars' boosted sales in April 12.2% year on year with growth in all main markets helped by new model launches.

The tally for the month was 52,635 cars compared with 46,895 in April 2017.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales of the new XC40 as well as the 90 series cars were the main growth drivers in April. In the first four months of 2018, sales rose 13.6% to 200,042 cars.

In China, the automaker's largest market, sales increased 20.2% following strong demand for the locally produced XC60 SUV and S90 saloon. Sales reached 10,442 cars, up from 8,687 a year ago.

Sales in Europe rose 3.1% to 26,360 cars last month after good results for the XC40, XC60 and 90 series models.

Geely's Volvo Cars boosted first quarter 2018 operating profit 3.6% year on year to MSEK3,616m.

Sales revenue rose 18.9% to MSEK56,813m but net profit slipped 1.8% to MSEK2,558m.

The EBIT margin also fell, to 6.4% from 7.3%.

US volume rose 17% to 8,333 boosted by SUV sales.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact