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VOLVO CARS REPORTS 11.6 PERCENT GLOBAL SALES GROWTH IN NOVEMBER
maintained a strong sales momentum in November, with global volumes up 11.6 percent,
compared with the same period last year. The company sold a total of 62,550
cars during the month as it continued to grow faster than the industry in all
three regions of US, China and Europe.
January to November period, the company’s global sales reached 631,213 cars
from 582,096 cars in the same period last year, a growth of 8.4 percent.
strong performance in the year has put Volvo Cars firmly on course to set a new
global annual sales record in 2019. In the full year 2018, the company sold
growth in November was on the back of continued high demand for Volvo Cars’ award-winning
SUVs. The XC60 was the highest selling car for the company in the month,
followed by the XC40 and the XC90. The V60 estate, the V60 Cross Country and
the S60 sedan also contributed to the volume growth.
sales in November grew 5.3 percent, compared with the same period last year, to
29,261 cars. The top-selling models in the region during the month were the
XC60, the XC40 and the V60 estate.
the European region for the first eleven months were up 6.2 percent, compared
with the same period last year to 306,381 cars. Markets like the United Kingdom
and Germany reported a volume growth of 13 percent and 20.3 percent
respectively in the January to November period, and they beat their overall
2018 sales performance, with a month still in hand.
Cars’ sales in China were up 26.7 percent in November, compared with the same
period last year to 14,502 cars. The strong growth in the region was led by the
demand for the locally produced XC60, the S90 and the XC40.
China in the January-November period, grew 16.3 percent, compared with the same
period last year to 138,053 cars. The company’s strong performance means that
China beat its full year 2018 sales performance within the first eleven months.
in November reached 9,635 cars, up 17.8 percent, compared with the same period
last year. XC90 was the top-selling model in the region, followed by the XC60
and the XC40.
|Date: 04 Dec 2019
||Author Type: Press Release
|Author: Volvo South Africa
|Source: Volvo South Africa
company continued to grow faster than the industry in the US for the first
eleven months, with sales up 7.2 percent, compared with the same period last
year to 95,874 cars.
November, the XC60 was the highest-selling model with 18,955 cars (2018: 18,275
cars), followed by the XC40 with 14,478 cars (2018: 8,993 cars) and the XC90
with total sales of 9,087 cars (2018: 7,534 units).