Volvo Cars' 20th Consecutive Month of Global Growth

Global sales of 29,980 cars, up 0.1 per cent versus February last year

Growth in all major markets

GOTHENBERG, SWEDEN -- March 3, 2015: Volvo Cars posted a 20th consecutive month of retail sales growth in February with Europe, China and the United States all recording sales increases compared to February 2014.

China reported a 7.7 per cent sales increase to a total of 4,812 cars with the XC60 Crossover being the best-selling model. Sales in Sweden amounted to 4,690 cars, up 13.1 per cent versus February last year, and the market share continues to be very strong at 20 per cent. The United States were up by 0.5 per cent to 4,012 cars.

“The good momentum continues and we are very pleased by the extremely positive reception of the all-new Volvo XC90” said Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars. “We already have more than 18,000 pre-orders for the XC90 so we look forward to delivering the first cars to customers during the spring”.

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

	February				January – February
	2014	2015	Change		2014	2015	Change
China	4 470	4 812	7,7%		10 311	10 691	3,7%
USA	3 991	4 012	0,5%		7 783	7 807	0,3%
Sweden	4 148	4690	13,1%		7 769	8 318	7,1%
Western Europe	10 906	10 736	-1,6%		22 607	23 013	1,8%
Other markets	6 433	5 730	-10,9%		11 850	11 005	-7,1%
TOTAL	29 948	29 980	0,1%		60 320	60 834	0,9%

The Volvo XC60 was the best-selling mode in February with 10,381 sold cars (2014: 8,672), followed by the Volvo V40 and V40 Cross Country for which deliveries reached a total of 6,413 cars (2014: 6,681). The S60 and S60L models were third best selling at 4,258 cars (2014: 3,812).