Demand for SUVs helps Volvo Cars enjoy global sales growth of 7.2 per cent in August

Time 1 year ago

Volvo Cars saw sales rise by 7.2 per cent in August against the same month in 2019, with Europe, China and the US all reporting increasing sales.

It shifted 51,239 cars during the month, attributing the volume growth to continued strong demand for its SUV range.

So far this year to the end of August, Volvo sold 383,492 vehicles, which was 13.5 per cent less compared with August last year.

Its European sales reached 17,458 cars in August, which was up by 4.9 per cent against August 2019, although in the first eight months of the year, sales fell by nearly 22 per cent year on year.

In China, sales were up 11.4 per cent in August, reaching 15,835 vehicles, and in the first eight months of the year, sales grew by 1.5 per cent compared with the same eight months of 2019.

US sales in August continued their year-on-year increase during August, reaching 10,378 cars, which was up 12.9 per cent compared with the same month last year. However, up to the end of August, US sales dropped by seven per cent to 63,330 cars, compared with the same period last year.

In August, the XC60 mid-size SUV, pictured, was the manufacturer’s top-selling model, followed by the XC40 compact SUV and XC90 large SUV. During the month, SUVs made up 70.7 per cent of Volvo’s total sales – up from 63.6 per cent in the same month last year.

The company said it also saw increased demand for its online subscription offer Care by Volvo in August.

During the first eight months of the year, the XC60 was the company’s top-selling model, with total sales of 112,560 cars (2019: 126,912 cars), followed by the XC40 at 100,913 cars (2019: 82,262 cars) and the XC90 at 53,635 cars (2019: 62,665 cars).

Volvo Cars global sales for January to August 2020. Source: Volvo Cars

John Bowman's avatar

John has been with Car Dealer since 2013 after spending 25 years in the newspaper industry as a reporter then a sub-editor/assistant chief sub-editor on regional and national titles. John is chief sub-editor in the editorial department, working on Car Dealer, as well as handling social media.

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