Volvo Cars posts 16th consecutive month of sales growth in September

Volvo Cars continued its global sales momentum in September, reporting its 16 consecutive month of growth on the back of increases in all main regions. Sales for the first nine months are up 9.6 percent year-on-year (YoY) to 379,329 cars, while September sales rose by 6 percent to 45,539 cars.

Sales of the new Volvo XC90 were the main growth driver globally, while the XC60 continues to be the best-selling model overall.

Sales in China continued to increase by double digits in the first nine months of the year, supported by a strong performance in September. Retail sales in the month amounted to 8,891 cars, an increase of 27.8 percent, taking year-to-date sales growth to 11.9 percent. The best-selling models were the locally-produced Volvo XC60 and S60L models.

The United States also continued to grow and the overall increase in the first nine months of the year now stands at 26.2 percent. September sales were up 1.6 percent to 5,615 cars. Demand in the US continues to be driven by the new Volvo XC90, followed by the XC60.

Sales in Western Europe are up 6.7 percent year-to-date with continued strong demand in several key markets. The Volvo XC60 is the best-selling model in the region. September sales were up 5.3 percent.

Globally, the Volvo XC60 was the best-selling model in the first nine months of 2016 with 111,937 cars sold (2015: 115,720), followed by the Volvo V40/V40 Cross Country with 71,790 sold cars (75,497). The new XC90 was third with 66,347 cars sold (18,222). 

Also read: Volvo Cars posts 10.1% growth in first eight months of 2016