Volvo Cars Global Sales Grew 16.7 Per Cent in January 2019

GOTHENBURG, Sweden - February 20, 2019: Volvo Cars started 2019 on a strong note after the company posted a 16.7 per cent growth in global sales for January, compared with the same period last year, as all the key regions of the US, China and Europe contributed to the increase. In January, Volvo Cars sold a total of 50,679 cars, as demand for its award-winning SUV line-up continued to be strong. The company’s newest cars, the V60 estate and the S60 saloon, also contributed to the strong sales increase.

Volvo Cars’ European sales grew by 24.4 per cent in January to 26,195 cars, compared with the same period last year. The robust performance was on the back of high demand for the XC60 and XC40 SUVs, and the new V60. This was reflected in the UK, where a total of 4,079 cars were sold in the month, up a staggering 80 per cent on January 2018.

In China, sales grew by 3.6 per cent to 11,957 cars in January, compared with the same month last year, driven by demand for the locally assembled XC60 and S90 models.

Sales in the US grew by 5.2 per cent to 5,854 cars in January, compared with the corresponding month in 2018. The XC60 was the bestselling model in the region during the month, followed by the XC90.

A detailed regional break-up of sales for January is given below.

	January	January
	2018	2019	Change
Europe	21,061	26,195	24.4%
China	11,537	11,957	3.6%
US	5,567	5,854	5.2%
Other	5,274	6,673	26.5%
Total	43,439	50,679	16.7%

In January, Volvo’s XC60 was the top-selling model, with sales reaching 15,593 cars (2018: 11,656), followed by the XC40, with total sales at 8,113 cars (2018: 395 units), and the XC90 at 6,520 cars (2018: 6,772 units). The V40 and V40 Cross Country sold 4,921 units (2018: 6,043 units), and the new V60 estate sold 4,097 units in January.