Volvo Cars has maintained a strong sales momentum in September with global sales rising 12.9% year on year.
The company sold 60,622 cars during the month, as sales grew in all its key regions of the US, China and Europe.
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In the first nine months of 2018, Volvo sold more cars than it did in the whole of 2014, which was also a record year. Sales for the January-to-September period reached 472,553 cars, up 14.3%. In 2014, Volvo sold 465,866 cars.
The strong performance in 2018 has put the automaker on course for a fifth consecutive year of record sales, with the new V/S60 models yet to hit the showrooms. The company reported sales of 571,577 cars in 2017.
During September, US sales grew 10.3%, as demand for SUVs continued to be strong. Volvo sold 8,715 cars during the month, compared with 7,900 in September 2017.
China reported a growth of 14.4% in September, with retail sales hitting 13,205 cars. The robust performance was on the back of high demand for the locally assembled XC60 and S90 models.
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By GlobalDataIn Europe, sales reached 29,922 cars in September, increasing by 8.4% compared with September 2017, following high demand for the XC60 and XC40 models. UK sales totalled 8,461 cars in September, up 7.6% compared with the same month in 2017.
Globally, the new XC60 continued to be the best selling model in the first nine months of the year, with 134,975 sold (2017: 10,473 units), followed by the XC90, with total sales at 70,329 cars (2017: 60,596) and the V40/V40 Cross Country at 59,501 cars (2017: 69,116 units). During the first nine months of 2018, the XC40 sold 48,543 cars and the S90 43,834 units (2017: 28,933 units).
