Volvo Cars maintains a strong sales momentum into the second half of 2018, with
global sales up 15 percent in July, compared with the same month last year. The company sold a total of
50,931 cars in July, as sales grew in all main markets.
In the
first seven months of 2018, sales grew
by 14.5 percent compared to the year before, to a total of
368,570 cars. The strong performance follows Volvo Cars'
best ever first six months of sales, and places the company firmly on course for another full year record.
The US continued its good momentum in July, growing by 23.8 percent to 8,622 cars compared with the same month last year, led by a continued strong performance from Volvo's SUV-line-up.
Sales in China, Volvo's largest market increased by 9.2 percent mainly due to the popularity of the XC60 and S90 models. Total sales for the month amounted to 10,121 cars.
The Philippine market also contributed with a healthy share. The award-winning
Volvo XC60 leads the pack with
43 percent of sales while the
Volvo XC90 SUV follows closely with
33 percent.
The luxurious
Volvo S90 estate sedan remains a favorite as it stays in the top three with an 18 percent share of the pie.
Volvo Philippines is also optimistic about the market reception for the all-new
Volvo XC40, which will be
unveiled within the year.
In Europe, sales reached 24,355 cars in July, increasing by 10.1 percent compared with July 2017 following high demand for the XC60 and XC40 models.
Globally, the new
XC60 continued to be the best-selling model in the first seven months of the year with
103,017 units sold (2017: 3,256 units), followed by the
XC90 with total volumes at
54,815 units (46,733 units) and the
Volvo V40/V40 Cross Country at
47,719 units (55,763 units). During the first seven months, the
S90 generated volumes of
35,049 units (20,756 units).