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Discussion Starter · #1 ·
Volvo Car USA closes first half of 2019 with best performance in 12 years
Jul 02, 2019 ID: 255008

ROCKLEIGH, N.J. (July 2, 2019) - Volvo Car USA LLC, (VCUSA) reported U.S. sales of 9,934 vehicles for the month of June, an increase of 0.7 percent from the same period last year. Year-to-date VCUSA has sold 50,120 vehicles, an increase of 5.2 percent from the previous year.

“The first half of 2019 was Volvo’s best U.S. performance in 12 years. June was a great month, topping a monthly record set back in June 2006.” said Anders Gustafsson, President and CEO, Volvo Car USA & Senior Vice President Americas.

The XC90 was popular in June, posting the best sales month of 2019 at 3,475 cars sold, a 7.6 percent increase versus June 2018. The S60 and V60 saw the largest year-over-year gains, with S60 growing 184 percent and V60 growing 113 percent.

The America’s region, which includes the United States, Canada and Latin America, also showed growth in June. Sales for the entire region were up 1.9 percent for the month; posting a 6.3 percent year-over-year gain.

“The first half of 2019 showed great momentum for sales and fantastic progress on new services for customers.” Added Gustafsson. “Tow for Life and Accident Advisor joined our Volvo Lifetime Replacement Parts & Labor Warranty earlier this year. These services are designed to make life less complicated for our customers and have shown strong early success.”
 

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Discussion Starter · #2 ·
<h2 class="document-header">United States - Retail Sales By Car Model - June 2019</h2>
<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">June 2019</td>
<td class="header">June 2018</td>
<td class="header">%</td>
<td class="header">Year To Date 2019</td>
<td class="header">Year To Date 2018</td>
<td class="header">%</td>
</tr>



<tr class="even" data-sort="0">
<td>S60</td>
<td>1,682</td>
<td>580</td>
<td>190.0 %</td>
<td>8,430</td>
<td>3,719</td>
<td>126.7 %</td>
</tr>
<tr class="odd" data-sort="1">
<td>S60 CC</td>
<td>0</td>
<td>12</td>
<td>-</td>
<td>-</td>
<td>143</td>
<td>-</td>
</tr>
<tr class="even" data-sort="2">
<td>S90</td>
<td>138</td>
<td>795</td>
<td>-82.6 %</td>
<td>1,295</td>
<td>3,984</td>
<td>-67.5 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>V60</td>
<td>148</td>
<td>96</td>
<td>54.2 %</td>
<td>348</td>
<td>755</td>
<td>-53.9 %</td>
</tr>
<tr class="even" data-sort="4">
<td>V60 CC</td>
<td>159</td>
<td>48</td>
<td>231.3 %</td>
<td>196</td>
<td>1,846</td>
<td>-89.4 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V90</td>
<td>49</td>
<td>54</td>
<td>-9.3 %</td>
<td>234</td>
<td>182</td>
<td>28.6 %</td>
</tr>
<tr class="even" data-sort="6">
<td>V90 CC</td>
<td>39</td>
<td>228</td>
<td>-82.9 %</td>
<td>463</td>
<td>1,131</td>
<td>-59.1 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>XC40</td>
<td>1,437</td>
<td>1,510</td>
<td>-4.8 %</td>
<td>8,553</td>
<td>5,098</td>
<td>67.8 %</td>
</tr>
<tr class="even" data-sort="8">
<td>XC60</td>
<td>0</td>
<td>10</td>
<td>-</td>
<td>-</td>
<td>239</td>
<td>-</td>
</tr>
<tr class="odd" data-sort="9">
<td>XC60 II</td>
<td>2,807</td>
<td>3,306</td>
<td>-15.1 %</td>
<td>14,566</td>
<td>14,551</td>
<td>0.1 %</td>
</tr>
<tr class="even" data-sort="10">
<td>XC90</td>
<td>3,475</td>
<td>3,229</td>
<td>7.6 %</td>
<td>16,035</td>
<td>15,974</td>
<td>0.4 %</td>
</tr>

<tr data-sort="12">
<td class="footer">Total</td>
<td>9,934</td>
<td>9,868</td>
<td>0.7 %</td>
<td>50,120</td>
<td>47,622</td>
<td>5.2 %</td>
</tr>
</tbody></table>
 

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I'm really surprised the XC40 and XC60 sales were down for the month. I thought both had strong momentum. Wonder if potential customers are waiting for the 2020 MY?
 

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Discussion Starter · #4 ·
I'm really surprised the XC40 and XC60 sales were down for the month. I thought both had strong momentum. Wonder if potential customers are waiting for the 2020 MY?
People were buying the model with deep discount, XC90.
 

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I'm really surprised the XC40 and XC60 sales were down for the month. I thought both had strong momentum. Wonder if potential customers are waiting for the 2020 MY?
Probably had to do with very few incentives. Sales can be heavily affected by incentives, or their lack.

US-made S60 doing great.
 

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I'm really surprised the XC40 and XC60 sales were down for the month. I thought both had strong momentum. Wonder if potential customers are waiting for the 2020 MY?
XC60 sales are getting destroyed because of tariffs, same as S90. That will continue until they get supply switched to Sweden built XC60s.
 

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Discussion Starter · #7 ·
XC60 sales are getting destroyed because of tariffs, same as S90. That will continue until they get supply switched to Sweden built XC60s.
It has been switched back to Sweden since XC60 OSD was opened early this year.

Sent from my Z978 using Tapatalk
 

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Discussion Starter · #8 ·
Volvo Cars June sale down 2%

Volvo Cars reports best ever first half year sales in 2019
Jul 03, 2019 ID: 255019

Volvo Cars reported record first half year sales in 2019 of 340,826 cars, up 7.3 per cent compared with the same period last year. The company sold 317,639 cars in the first six months of 2018.

China, US and Europe all reported a steady growth for the six-month period, with China recording its highest ever first half and June sales volumes. During the period, Volvo grew consistently faster than its premium competitors, thereby gaining market share across these regions.

The first half performance came on the back of continued strong demand for Volvo’s award winning SUV range led by the XC60, followed by the XC40 and the XC90. The company’s latest models, the V60 estate, the V60 Cross Country and the US-built S60 sedan contributed to increased volumes as well. Volvo has also started the first deliveries of its mild hybrid offerings to customers.

In June, Volvo Cars sold 62,775 cars, down 2 per cent compared to the same period last year. The decline came from Europe where sales for the month fell 9 per cent to 30,234 cars, as Volvo’s largest market in the region, Sweden reported a 41.7 per cent sales decline to 5,762 cars. Sweden sales in the month were lower because of higher than usual delivery of cars in the same month last year owing to the implementation of a new emission tax or the Bonus Malus from the subsequent month.

For the first six months, European sales of the company remained steady with a growth of 6 per cent, led by the XC40 and the XC60 SUVs and the new V60 estate. Total sales in the January to June period reached 174,398 cars, with UK and Germany recording a growth of 29.6 per cent and 32 per cent respectively.

The company reported its highest ever first half year sales in China of 67,741 cars, up 10.2 per cent, compared to the same period last year. Strong demand for the locally produced XC60 and the S90 models led the volume growth in the six month period. In June too, Volvo reported its highest sales ever for China in a single month with a total 13,238 cars sold, up 13.3 per cent.

Volvo’s US sales reached 50,120 cars in the first half of the year, up 5.2 per cent compared to the same period last year. The company’s SUVs led by the XC90, XC60 and the XC40 remained popular in the region, contributing to the volume growth for the period. In June, US sales reached 9,934 cars, up 0.7 per cent.

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


Globally, the XC60 continued to be the top selling model in the first half of the year with sales reaching 97,203 cars (2018: 88,786 units), followed by the XC40, with total sales of 61,864 cars (2018: 23,741 units) and the XC90 with sales of 47,818 cars (2018: 47,658 units).
 

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Discussion Starter · #9 ·
<p>A detailed regional break-up of sales is given below.</p>
<table style="width: 0px;" cellspacing="0" cellpadding="0" border="0">
<tbody>
<tr>
<td id="td_0" width="64" valign="bottom"> </td>
<td id="td_1" width="64" valign="bottom">
<p id="p_27">June</p>
</td>
<td id="td_2" width="64" valign="bottom"> </td>
<td id="td_3" width="64" valign="bottom"> </td>
<td id="td_4" colspan="2" width="189" valign="bottom">
<p id="p_28">January-June</p>
</td>
<td id="td_5" width="64" valign="bottom"> </td>
</tr>
<tr>
<td id="td_6" width="64" valign="bottom"> </td>
<td id="td_7" width="64" valign="bottom">
<p id="p_29">2018</p>
</td>
<td id="td_8" width="64" valign="bottom">
<p id="p_30">2019</p>
</td>
<td id="td_9" width="64" valign="bottom">
<p id="p_31">Change</p>
</td>
<td id="td_10" width="128" valign="bottom">
<p id="p_32">2018</p>
</td>
<td id="td_11" width="61" valign="bottom">
<p id="p_33">2019</p>
</td>
<td id="td_12" width="64" valign="bottom">
<p id="p_34">Change</p>
</td>
</tr>
<tr>
<td id="td_13" width="64" valign="bottom">
<p id="p_35">Europe</p>
</td>
<td id="td_14" width="64" valign="bottom">
<p id="p_36">33,213</p>
</td>
<td id="td_15" width="64" valign="bottom">
<p id="p_37">30,234</p>
</td>
<td id="td_16" width="64" valign="bottom">
<p id="p_38">-9%</p>
</td>
<td id="td_17" width="128" valign="bottom">
<p id="p_39">164,480</p>
</td>
<td id="td_18" width="61" valign="bottom">
<p id="p_40">174,398</p>
</td>
<td id="td_19" width="64" valign="bottom">
<p id="p_41">6%</p>
</td>
</tr>
<tr>
<td id="td_20" width="64" valign="bottom">
<p id="p_42">China</p>
</td>
<td id="td_21" width="64" valign="bottom">
<p id="p_43">11,688</p>
</td>
<td id="td_22" width="64" valign="bottom">
<p id="p_44">13,238</p>
</td>
<td id="td_23" width="64" valign="bottom">
<p id="p_45">13.3%</p>
</td>
<td id="td_24" width="128" valign="bottom">
<p id="p_46">61,480</p>
</td>
<td id="td_25" width="61" valign="bottom">
<p id="p_47">67,741</p>
</td>
<td id="td_26" width="64" valign="bottom">
<p id="p_48">10.2%</p>
</td>
</tr>
<tr>
<td id="td_27" width="64" valign="bottom">
<p id="p_49">US</p>
</td>
<td id="td_28" width="64" valign="bottom">
<p id="p_50">9,868</p>
</td>
<td id="td_29" width="64" valign="bottom">
<p id="p_51">9,934</p>
</td>
<td id="td_30" width="64" valign="bottom">
<p id="p_52">0.7%</p>
</td>
<td id="td_31" width="128" valign="bottom">
<p id="p_53">47,622</p>
</td>
<td id="td_32" width="61" valign="bottom">
<p id="p_54">50,120</p>
</td>
<td id="td_33" width="64" valign="bottom">
<p id="p_55">5.2%</p>
</td>
</tr>
<tr>
<td id="td_34" width="64" valign="bottom">
<p id="p_56">Other</p>
</td>
<td id="td_35" width="64" valign="bottom">
<p id="p_57">9,289</p>
</td>
<td id="td_36" width="64" valign="bottom">
<p id="p_58">9,369</p>
</td>
<td id="td_37" width="64" valign="bottom">
<p id="p_59">0.9%</p>
</td>
<td id="td_38" width="128" valign="bottom">
<p id="p_60">44,057</p>
</td>
<td id="td_39" width="61" valign="bottom">
<p id="p_61">48,567</p>
</td>
<td id="td_40" width="64" valign="bottom">
<p id="p_62">10.2%</p>
</td>
</tr>
<tr>
<td id="td_41" width="64" valign="bottom">
<p id="p_63">Total</p>
</td>
<td id="td_42" width="64" valign="bottom">
<p id="p_64">64,058</p>
</td>
<td id="td_43" width="64" valign="bottom">
<p id="p_65">62,775</p>
</td>
<td id="td_44" width="64" valign="bottom">
<p id="p_66">-2%</p>
</td>
<td id="td_45" width="128" valign="bottom">
<p id="p_67">317,639</p>
</td>
<td id="td_46" width="61" valign="bottom">
<p id="p_68">340,826</p>
</td>
<td id="td_47" width="64" valign="bottom">
<p id="p_69">7.3%</p>
</td>
</tr>
</tbody>
</table>
 

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Discussion Starter · #10 ·
Sales by model:

<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">June 2019</td>
<td class="header">June 2018</td>
<td class="header">%</td>
<td class="header">Year To Date 2019</td>
<td class="header">Year To Date 2018</td>
<td class="header">%</td>
</tr>



<tr class="even" data-sort="0">
<td>S60 II</td>
<td>66</td>
<td>1,571</td>
<td>-95.8 %</td>
<td>795</td>
<td>9,418</td>
<td>-91.6 %</td>
</tr>
<tr class="odd" data-sort="1">
<td>S60 III</td>
<td>2,256</td>
<td>0</td>
<td>100.0 %</td>
<td>10,558</td>
<td>0</td>
<td>100.0 %</td>
</tr>
<tr class="even" data-sort="2">
<td>S60L</td>
<td>1,253</td>
<td>2,246</td>
<td>-44.2 %</td>
<td>5,036</td>
<td>13,838</td>
<td>-63.6 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>S60 CC</td>
<td>16</td>
<td>113</td>
<td>-85.8 %</td>
<td>140</td>
<td>550</td>
<td>-74.5 %</td>
</tr>
<tr class="even" data-sort="4">
<td>S90</td>
<td>4,964</td>
<td>5,561</td>
<td>-10.7 %</td>
<td>26,964</td>
<td>30,977</td>
<td>-13.0 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V40</td>
<td>4,630</td>
<td>5,397</td>
<td>-14.2 %</td>
<td>24,774</td>
<td>32,462</td>
<td>-23.7 %</td>
</tr>
<tr class="even" data-sort="6">
<td>V40 CC</td>
<td>1,810</td>
<td>1,621</td>
<td>11.7 %</td>
<td>8,473</td>
<td>9,126</td>
<td>-7.2 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>V60</td>
<td>41</td>
<td>3,336</td>
<td>-98.8 %</td>
<td>664</td>
<td>18,013</td>
<td>-96.3 %</td>
</tr>
<tr class="even" data-sort="8">
<td>V60 CC</td>
<td>26</td>
<td>1,477</td>
<td>-98.2 %</td>
<td>270</td>
<td>8,523</td>
<td>-96.8 %</td>
</tr>
<tr class="odd" data-sort="9">
<td>V60 CC II</td>
<td>1,362</td>
<td>0</td>
<td>100.0 %</td>
<td>6,216</td>
<td>0</td>
<td>100.0 %</td>
</tr>
<tr class="even" data-sort="10">
<td>V60 II</td>
<td>4,946</td>
<td>1,004</td>
<td>392.6 %</td>
<td>28,781</td>
<td>1,099</td>
<td>2,518.8 %</td>
</tr>
<tr class="odd" data-sort="11">
<td>V90</td>
<td>2,034</td>
<td>3,593</td>
<td>-43.4 %</td>
<td>11,526</td>
<td>19,696</td>
<td>-41.5 %</td>
</tr>
<tr class="even" data-sort="12">
<td>V90 CC</td>
<td>1,726</td>
<td>2,521</td>
<td>-31.5 %</td>
<td>9,739</td>
<td>11,754</td>
<td>-17.1 %</td>
</tr>
<tr class="odd" data-sort="13">
<td>XC40</td>
<td>11,586</td>
<td>6,538</td>
<td>77.2 %</td>
<td>61,864</td>
<td>23,741</td>
<td>160.6 %</td>
</tr>
<tr class="even" data-sort="14">
<td>XC60</td>
<td>0</td>
<td>70</td>
<td>-</td>
<td>5</td>
<td>1,998</td>
<td>-99.7 %</td>
</tr>
<tr class="odd" data-sort="15">
<td>XC60 II</td>
<td>16,889</td>
<td>19,534</td>
<td>-13.5 %</td>
<td>97,203</td>
<td>88,786</td>
<td>9.5 %</td>
</tr>
<tr class="even" data-sort="16">
<td>XC90 II</td>
<td>9,170</td>
<td>9,476</td>
<td>-3.2 %</td>
<td>47,818</td>
<td>47,658</td>
<td>0.3 %</td>
</tr>

<tr data-sort="18">
<td class="footer">Total</td>
<td>62,775</td>
<td>64,058</td>
<td>-2.0 %</td>
<td>340,826</td>
<td>317,639</td>
<td>7.3 %</td>
</tr>
</tbody></table>
 
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