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- Volvo Cars reports best ever first half sales

231027 New Volvo V60 R Design

Volvo Cars reports best ever first half sales 

Volvo Cars, the premium car maker, has reported record sales for the first half of 2018 of 317,639 cars, an increase of 14.4 per cent compared to the same period last year.

196475 New Volvo S90 location 196482 New Volvo S90 location

The robust first half performance places the company firmly on course to report another year of record sales for the full year. Volvo Cars reported sales of 571,577 cars in 2017.

228893 New Volvo T6 Inscription Pebble Grey 215849 Volvo V90 Cross Country Volvo Ocean Race exterior

All the key regions of the US, China and Europe reported steady growth during the six-month period. 

The US grew 39.6 per cent on the back of the bestselling XC60 and XC90. Overall volumes in the first half of the year were 47,622 compared to 34,102 in the same period last year.

208160 The new Volvo XC60 T6 208161 The new Volvo XC60 T6

China, Volvo Cars’ largest single market, grew by 18.4 per cent on strong demand for the locally-produced XC60 and S90. During the period, sales hit 61,480 compared to 51,914 in the corresponding period last year.

208164 The new Volvo XC60 T6

Europe reported solid 5.7 per cent growth in the first half to 164,480 cars compared to 155,653 in the same period in 2017, driven by demand for the new XC60, the 90 Series cars and the new XC40 small SUV.

223202 New Volvo XC40 exterior

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

June

January – June

2017

2018

Change

2017

2018

Change

Europe

29,860

33,213

11.2%

155,653

164,480

5.7%

China

10,113

11,688

15.5%

51,914

61,480

18.4%

US

7,303

9,868

35.1%

34,102

47,622

39.6%

Other

7,075

9,289

31.3%

35,972

44,057

22.5%

TOTAL

54,351

64,058

17.9%

277,641

317,639

14.4%

Globally, the new Volvo XC60 continued to be the best-selling model in the first half of the year with 88,786 units sold (2017: 829 units), followed by the XC90 with total volumes at 47,658 units (40,186 units) and the Volvo V40/V40 Cross Country at 41,588 units (48,554 units). During the first half, the S90 generated volumes of 30,977 units (17,346 units). 

The popularity of the XC40 continued during the period with the compact SUV recording total volumes of 23,741 units in the first six months.