Volvo Cars, the Swedish premium car maker recorded a global year-on-year sales increase of 14.1 per cent for the first quarter of 2018. More notably, all main markets saw a jump in sales of 5.7 to 49 percent compared with the same period last year.
China remains the single largest market with 23.3 per cent increase in sales to 28,768 cars compared to the previous year following the continued strong demand for the locally produced XC60 and S90 models. The US market also recorded a successful first quarter with sales volume up by 49 per cent thanks to the introduction of the new XC60 as well as the continued demand for the XC90 SUV.
In Europe, Volvo sold 79,512 cars in Q1 2018 (up 5.7 percent) thanks to the strong demand for the new XC60 and 90 Series models. The new XC40 also saw a successful market launch with deliveries started in February 2018.
Collectively, including other markets, Volvo shifted 147,407 cars (+14.1%) in Q1 2018 compared to Q1 2017. The XC60, which was crowned as 2018 World Car of the Year, was the best-selling model followed closely by the XC90 and V40 range.
Back at home, Volvo Car Malaysia (VCM) has officially introduced the Volvo XC60 (CBU) in January and GC Mah has dissected whether is this car for you. Order books for the locally assembled XC60 are now open with three variants to choose from T5, T8 Inscription and T8 Inscription Plus.
