Volvo Cars grows by 8.2% in sales in 1H 2017, first-gen Volvo XC60 most popular!

Swedish carmaker Volvo has sold 277,641 cars in the first half of 2017, marking an 8.2 percent growth compared to the same period last year. Their best performing month was in March, shifting 57,158 cars globally followed by June with 54,351 units.

Volvo attributed the positive sales growth to the growing demand for its 90 series models (V90, S90 and XC 90) while the first-generation XC60 remains to be the best-selling model overall. Asia-Pacific region reported the highest growth rate of 27.3 percent, selling 70,584 units vs 57,568 units last year. China remains as the brand’s largest market, shifting a total of 51,914 cars. This remarkable growth was supported by the locally produced XC60, S60L and S90 models.

Volvo sold a total of 164,128 units in Europe, Middle East and Africa (EMEA Region) – a 6.6 percent increase over the previous year. Strong-performing markets include home country Sweden, UK, France and Germany.

Second-generation XC60 to debut soon

The Americas region reported a slight dip in overall sales, selling only 41,277 units collectively, as compared to 43,412 units (-4.9 percent) last year. Volvo’s SUV range (XC60 and XC90) remain as the most popular models in the said region.

Locally, Volvo Car Malaysia still sells the first-generation XC60 on sale, and will continue to go on sale until the succeeding XC60 makes its way to our shores soon.


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