Volvo Automobiles achieves report first half gross sales in H1 2019

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It has been a report breaking first half of the 12 months for Volvo Automobiles, gross sales smart. The carmaker reported gross sales of 340,826 models within the first six months of 2019, up 7.three% over the 317,639 vehicles offered in H1 2018.

China, US and Europe all reported regular development for the six-month interval, with China recording its highest ever first half and June gross sales volumes. In the course of the interval, Volvo stated that it grew constantly sooner than its premium rivals, gaining market share throughout these areas.

The H1 2019 efficiency got here on the again of continued sturdy demand for Volvo’s SUV vary led by the XC60, adopted by the XC40 and the XC90. The corporate’s newest fashions – the V60 wagon, the V60 Cross Nation and the S60 sedan – contributed as properly. Volvo has additionally began the primary deliveries of its gentle hybrid choices.

Breaking down gross sales by area, Volvo’s residence market of Europe noticed 6% development, led by the XC40 and the XC60 SUVs, and the V60 property. Complete gross sales stood at 174,398 vehicles, with UK and Germany recording development of 29.6% and 32% respectively. Within the US, the Geely-owned model offered 50,120 vehicles, up 5.2% year-on-year. The XC90, XC60 and XC40 led the best way, as you’d count on.

China was Volvo’s greatest performing area in H1 2019. With 67,741 models, gross sales have been up 10.2% y-o-y. Sturdy demand for the domestically produced XC60 SUV and S90 sedan led the amount development. In June, Volvo reported its highest gross sales ever for China in a single month with a complete 13,238 vehicles offered, up 13.three%.

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Globally, the XC60 continued to be Volvo’s prime promoting mannequin with 97,203 models, adopted by the XC40 with 61,864 models, and the XC90 with 47,818 vehicles.

Final 12 months, Volvo set a brand new international gross sales report whereas breaking the 600,000 models milestone for the primary time ever. Gross sales have been up 12.four% to 642,253 models, and it was the fifth consecutive 12 months of report gross sales for the carmaker. It’s now heading in the right direction for six in a row, absolutely.

The publish Volvo Automobiles achieves report first half gross sales in H1 2019 appeared first on Paul Tan’s Automotive Information.


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