VOLVO CARS REPORTS 13.9 PERCENT GLOBAL SALES GROWTH IN OCTOBER
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VOLVO CARS REPORTS 13.9 PERCENT GLOBAL SALES GROWTH IN OCTOBER

Date: 05 Nov 2019 Author Type: Press Release
Author: Volvo South Africa
Source: Volvo South Africa
Volvo Cars posted strong sales in October, with volumes up 13.9 percent compared with the same period last year.

The company sold 60,959 cars during the month, as China, Europe, and the US all reported a growth in sales compared with the same period last year.

The double-digit volume growth in October was driven by a continued strong demand for Volvo Car’s award-winning SUV range led by the XC60, and followed by the XC40 and XC90. Volvo Car’s latest models, the V60 estate and the US-built S60 sedan, also contributed to the strong performance.

In the January to October period, Volvo Cars sold a total 568,663 cars, up 8.1 percent, compared with the same period last year.

Sales in China during the month reached 14,039 cars, up 26.7 percent, compared with the same period last year. The strong sales growth in the region was led by the locally produced XC60 and the S90. In the first ten months of the year, a total of 123,551 cars were sold in China, up 15.2 percent, compared with the same period last year.

US sales stood at 8,807 cars in October, up 20.2 per cent, compared with the same period last year. The XC90 was the top-selling model in the region during the month, followed by the XC60 and the locally produced S60 sedan. In the January to October period, Volvo Cars sold a total of 86,239 cars, up 6.1 percent, compared with the same period last year.

European sales reached 29,510 cars in the month, up 9.7 per cent, compared with the same period last year. The XC40 was the highest-selling model in the region during the month, followed by the XC60 and the new V60 estate. The company sold a total of 277,120 cars in the first ten months, up 6.4 percent, compared with the same period last year.

In October XC60 was the top-selling model with sales of 18,198 cars (2018: 15,824 cars), followed by the XC40 at 13,450 cars (2018: 9,568 cars) and the XC90 with sales of 8,180 (2018: 7,296 units).
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