December 02, 2014

Volvo Cars' global sales up 2.6 per cent in November

Volvo Cars posted a 17th consecutive month of retail sales growth in November, with China and Europe recording a sales increase compared to November 2013. The best-selling Volvo model, the XC60 crossover, passed its full year 2013 sales figure of 114,000 cars already
by mid-November this year and has thereby set a new all-time high record.

China, Volvo Cars largest market, reported November sales of 6,933 cars, up 15.6 per cent versus November last year while the growth rate for the first 11 months was 33.6 per cent. The Volvo XC60 crossover was the best-selling model followed closely by the S60L sedan.

In Sweden, Volvo Cars sold 5,718 cars, up 6.5 per cent from the same month last year. Its market share was more than 21per cent with the Volvo V60 and V70 models the best-selling models.

Volvo Cars also continued to grow in Europe during November. Sales rose 3.4 per cent versus the same month last year. The main growth drivers were the UK, Germany and France. The Volvo V40 hatchback remains the best-selling Volvo model in Europe, helped by its strong and class-leading line-up of Drive-E engines.

Sales in the United States were down by 14.4 per cent to 3,623 cars in November. The Volvo XC60 and S60 models were the best-selling models during the month.

"With no less than 17 months of consecutive growth we have demonstrated that Volvo Cars' growth is both consistent and sustainable," said Alain Visser, Senior Vice-President - Marketing, Sales and Customer Service, Volvo Cars. "It was also encouraging to get all the positive feedback on the new Volvo V60 Cross Country which is a great addition to an already very attractive product offer."


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