OREANDA-NEWS. Volvo Cars, the premium car maker, remains on track for a fourth consecutive year of record sales after another strong sales month in October. For the first 10 months, global retail sales amounted to 461,313 cars, up 8.6 per cent compared to a year ago.  

Strong demand for the new XC60 as well as 90-series cars continues to be an important factor in the company’s growth. October sales grew 5.3 per cent compared to the same month last year, to 47,841 Volvo cars globally. 

Sales in China, Volvo’s largest market, continued to  increase rapidly in October. With 10,744 cars sold in the market, sales were up 29.5 per cent compared to the same period last year. The locally produced XC60, S90 and S60L models continued to be the main growth drivers. The Asia Pacific region as a whole was Volvo’s fastest growing region in October, up 24.0 per cent compared to a year ago. 

In the US, Volvo reported a robust 10.5 per cent sales increase year-on-year for the month of October following strong sales of the XC90, new XC60 and the S90. The Americas region as a whole grew by 14.3 per cent in October. 

In the EMEA region, sales in the first 10 months of 2017 were up 5.0 per cent compared to the same period last year to 260,593 cars on the back of strong demand for the new 90 series cars and both the first generation and new XC60. 

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

 

 

October

January - October
 

 

2016

2017

Change

2016

2017

Change

Region EMEA

27,029

25,741

-4.8%

248,064

260,593

5.0%

 

Sweden

6,678

6,444

-3.5%

56,059

60,549

8.0%

Region Asia-Pacific

10,846

13,448

24.0%

100,029

123,747

23.7%

 

China

8,296

10,744

29.5%

71,683

93,085

29.9%

Region Americas

7,567

8,652

14.3%

76,680

76,973

0.4%

 

USA

6,340

7,008

10.5%

64,874

63,971

-1.4%

TOTAL

45,442

47,841

5.3%

424,773

461,313

8.6%

Globally, the first generation Volvo XC60 was the best-selling model in October with 8,049 cars sold (2016: 14,558), followed by the Volvo V40/V40 Cross Country with 7,465 cars sold (8,897). The new XC90 was third with 7,471 sold cars (7,231). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.