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- Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

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Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

Volvo Cars’ good start to 2018 continued in February after the premium car maker reported a global year-on-year sales increase of 12.1 per cent for the month, with deliveries of the new XC40 small SUV now underway.

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Total sales for the month of February reached 40,930 cars compared to 36,515 a year earlier. Sales of the new XC60 and the 90 Series cars continued to be the main growth drivers. In the first two months of 2018, sales amounted to 84,368, up 17.2 per cent compared to a year ago.

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Sales in China, Volvo Cars’ largest market, increased by 11.1 per cent in February, compared to the year before, on the back of a strong performance for the locally produced models, the XC60 SUV and the S90 and S60 sedans. Total sales for the month amounted to 6,531 cars compared to 5,878 in 2017.

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In Europe, Volvo reported a solid 8.4 per cent increase in sales in February, compared with last year, selling 22,510 cars following strong customer demand for the new XC60, the 90 Series and the first deliveries of the new XC40.

The US market continued its sales momentum in February, growing by 35.1, compared with the same month last year, to 6,283 cars after strong sales of the XC90 and new XC60 SUVs.

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Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

February 

January – February

2017

2018

Change

2017

2018

Change

Europe

20,768

22,510

8.4%

39,622

43,570

10.0%

China

5,878

6,531

11.1%

14,240

18,068

26.9%

US

4,651

6,283

35.1%

8,120

11,850

45.9%

Other

5,218

5,606

7.4%

10,008

10,880

8.7%

TOTAL

36,515

40,930

12.1%

71,990

84,368

17.2%

Globally, the new Volvo XC60 was the best-selling model in February with 10,309 cars sold (2017: N/A), followed by the Volvo XC90 with 6,607 cars sold (5,000). The Volvo V40/V40 Cross Country was third with 6,109 sold cars (6,409). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.

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