Geely's Volvo Cars said global sales continued to grow in September, with volume up 4.8% compared with the same period last year, driven by double-digit sales increases in China and the US.
The company sold 67,636 cars during the month, and the volume growth was driven by continued strong demand for the SUV range.
Go deeper with GlobalData
In the first nine months of the year, the automaker sold 451,128 cars, down 11.1% year on year.
The Recharge line of chargeable models continued to be popular among customers. The share of Recharge models more than doubled in the first nine months of the year compared with the same period last year.
In China, sales reached 17,292 cars, up 15.9% compared with September last year, and the highest monthly sales volume to date. In the first nine months of the year, sales grew by 3.4% compared with the same period last year.
US sales in September continued to grow year on year and reached 10,274 cars, up 10.2% compared with the same month last year. In the first nine months of the year, US sales declined by 4.9% compared with the same period last year, to 73,604 cars.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSales in Europe reached 30,868 cars in September, down 0.6% versus the same month last year. In the first nine months of the year, sales declined by 19.2% year on year.
In September, the XC40 compact SUV was the top-selling model, followed by the XC60 mid-size SUV and the XC90 large SUV. During the month, SUVs accounted for 69.8% of total sales, down from 72.6% in the same month last year.
