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Discussion Starter #1 (Edited)
Volvo Cars reports 4.8 per cent global sales growth in September
Oct 02, 2020 ID: 272073

Volvo Cars global sales continued to grow in September, with volumes up 4.8 per cent compared with the same period last year, driven by double digit sales increases in China and the US.


The company sold 67,636 cars during the month and the volume growth was driven by a continued strong demand for Volvo Cars’ award-winning SUV range.


In the first nine months, Volvo Cars sold 451,128 cars, down 11.1 per cent compared with the same period last year.


Volvo Cars’ Recharge line-up of chargeable models, with a fully electric or plug-in hybrid powertrain, continued to be popular among customers. The share of Recharge models more than doubled in the first nine months, compared with the same period last year.


In China, sales reached 17,292 cars, up 15.9 per cent compared with September last year and the highest monthly sales volume to date. In the first nine months of the year, sales grew by 3.4 per cent, compared with the same period last year.


US sales in September continued to grow year-on-year during the month and reached 10,274 cars, up 10.2 per cent compared with the same month last year. In the first nine months, US sales declined by 4.9 per cent to 73,604 cars, compared with the same period last year.


Volvo Cars’ sales in Europe reached 30,868 cars in September, down 0.6 per cent versus the same month last year. In the the first nine months of the year, sales declined by 19.2 per cent year-on-year.


In September, the XC40 compact SUV was the top selling model for Volvo Cars, followed by the XC60 mid-size SUV and the XC90 large SUV. During the month, SUVs accounted for 69.8 per cent of the company’s total sales, down from 72.6 per cent in same month last year.


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


During the first nine months, the XC60 was the top selling model with 131,091 cars (2019: 145,629 cars), followed by XC40 with total sales of 121,905 cars (2019: 95,475 cars) and the XC90 with 61,327 cars (2019: 71,830 cars)
 

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Discussion Starter #2
Sales by region
<p>
<table style="width: 448px;" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td id="td_0" width="64">
<p id="p_19"><br> September</p>
</td>
<td id="td_1" width="64">
<p id="p_20"> </p>
</td>
<td id="td_2" width="64">
<p id="p_21"> </p>
</td>
<td id="td_3" width="64">
<p id="p_22"> January-September</p>
</td>
<td id="td_4" width="64">
<p id="p_23"> </p>
</td>
<td id="td_5" width="64">
<p id="p_24"> </p>
</td>
<td id="td_6" width="64">
<p id="p_25"> </p>
</td>
</tr>
<tr>
<td id="td_7" width="64">
<p id="p_26"> </p>
</td>
<td id="td_8" width="64">
<p id="p_27">2019</p>
</td>
<td id="td_9" width="64">
<p id="p_28">2020</p>
</td>
<td id="td_10" width="64">
<p id="p_29">Change</p>
</td>
<td id="td_11" width="64">
<p id="p_30">2019</p>
</td>
<td id="td_12" width="64">
<p id="p_31">2020</p>
</td>
<td id="td_13" width="64">
<p id="p_32">Change</p>
</td>
</tr>
<tr>
<td id="td_14" width="64">
<p id="p_33">Europe</p>
</td>
<td id="td_15" width="64">
<p id="p_34">31,055</p>
</td>
<td id="td_16" width="64">
<p id="p_35">30,868</p>
</td>
<td id="td_17" width="64">
<p id="p_36">-0.6%</p>
</td>
<td id="td_18" width="64">
<p id="p_37">247,610</p>
</td>
<td id="td_19" width="64">
<p id="p_38">200,061</p>
</td>
<td id="td_20" width="64">
<p id="p_39">-19.2%</p>
</td>
</tr>
<tr>
<td id="td_21" width="64">
<p id="p_40">China</p>
</td>
<td id="td_22" width="64">
<p id="p_41">14,920</p>
</td>
<td id="td_23" width="64">
<p id="p_42">17,292</p>
</td>
<td id="td_24" width="64">
<p id="p_43">15.9%</p>
</td>
<td id="td_25" width="64">
<p id="p_44">109,512</p>
</td>
<td id="td_26" width="64">
<p id="p_45">113,278</p>
</td>
<td id="td_27" width="64">
<p id="p_46">3.4%</p>
</td>
</tr>
<tr>
<td id="td_28" width="64">
<p id="p_47">US</p>
</td>
<td id="td_29" width="64">
<p id="p_48">9,323</p>
</td>
<td id="td_30" width="64">
<p id="p_49">10,274</p>
</td>
<td id="td_31" width="64">
<p id="p_50">10.2%</p>
</td>
<td id="td_32" width="64">
<p id="p_51">77,432</p>
</td>
<td id="td_33" width="64">
<p id="p_52">73,604</p>
</td>
<td id="td_34" width="64">
<p id="p_53">-4.9%</p>
</td>
</tr>
<tr>
<td id="td_35" width="64">
<p id="p_54">Other</p>
</td>
<td id="td_36" width="64">
<p id="p_55">9,238</p>
</td>
<td id="td_37" width="64">
<p id="p_56">9,202</p>
</td>
<td id="td_38" width="64">
<p id="p_57">-0.4%</p>
</td>
<td id="td_39" width="64">
<p id="p_58">73,150</p>
</td>
<td id="td_40" width="64">
<p id="p_59">64,185</p>
</td>
<td id="td_41" width="64">
<p id="p_60">-12.3%</p>
</td>
</tr>
<tr>
<td id="td_42" width="64">
<p id="p_61">Total</p>
</td>
<td id="td_43" width="64">
<p id="p_62">64,536</p>
</td>
<td id="td_44" width="64">
<p id="p_63">67,636</p>
</td>
<td id="td_45" width="64">
<p id="p_64">4.8%</p>
</td>
<td id="td_46" width="64">
<p id="p_65">507,704</p>
</td>
<td id="td_47" width="64">
<p id="p_66">451,128</p>
</td>
<td id="td_48" width="64">
<p id="p_67">-11.1%</p>
</td>
</tr>
</tbody>
</table>
 

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Discussion Starter #3
Sales by model
<p>
<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">September 2020</td>
<td class="header">September 2019</td>
<td class="header">%</td>
<td class="header">Year To Date 2020</td>
<td class="header">Year To Date 2019</td>
<td class="header">%</td>
</tr>



<tr class="even" data-sort="0">
<td>S60 II</td>
<td>0</td>
<td>67</td>
<td>-</td>
<td>-</td>
<td>983</td>
<td>-</td>
</tr>
<tr class="odd" data-sort="1">
<td>S60 III</td>
<td>5,688</td>
<td>3,512</td>
<td>62.0 %</td>
<td>30,643</td>
<td>17,712</td>
<td>73.0 %</td>
</tr>
<tr class="even" data-sort="2">
<td>S60L</td>
<td>1</td>
<td>1,456</td>
<td>-99.9 %</td>
<td>4,237</td>
<td>9,202</td>
<td>-54.0 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>S60 CC</td>
<td>0</td>
<td>50</td>
<td>-</td>
<td>27</td>
<td>213</td>
<td>-87.3 %</td>
</tr>
<tr class="even" data-sort="4">
<td>S90</td>
<td>5,333</td>
<td>5,495</td>
<td>-2.9 %</td>
<td>31,538</td>
<td>41,674</td>
<td>-24.3 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V40</td>
<td>207</td>
<td>3,475</td>
<td>-94.0 %</td>
<td>2,462</td>
<td>34,508</td>
<td>-92.9 %</td>
</tr>
<tr class="even" data-sort="6">
<td>V40 CC</td>
<td>31</td>
<td>619</td>
<td>-95.0 %</td>
<td>545</td>
<td>10,869</td>
<td>-95.0 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>V60</td>
<td>1</td>
<td>44</td>
<td>-97.7 %</td>
<td>20</td>
<td>748</td>
<td>-97.3 %</td>
</tr>
<tr class="even" data-sort="8">
<td>V60 CC</td>
<td>0</td>
<td>31</td>
<td>-</td>
<td>2</td>
<td>351</td>
<td>-99.4 %</td>
</tr>
<tr class="odd" data-sort="9">
<td>V60 CC II</td>
<td>1,730</td>
<td>1,418</td>
<td>22.0 %</td>
<td>12,063</td>
<td>9,959</td>
<td>21.1 %</td>
</tr>
<tr class="even" data-sort="10">
<td>V60 II</td>
<td>4,954</td>
<td>3,739</td>
<td>32.5 %</td>
<td>36,017</td>
<td>38,509</td>
<td>-6.5 %</td>
</tr>
<tr class="odd" data-sort="11">
<td>V90</td>
<td>1,265</td>
<td>2,009</td>
<td>-37.0 %</td>
<td>10,601</td>
<td>16,356</td>
<td>-35.2 %</td>
</tr>
<tr class="even" data-sort="12">
<td>V90 CC</td>
<td>1,211</td>
<td>1,520</td>
<td>-20.3 %</td>
<td>8,650</td>
<td>13,670</td>
<td>-36.7 %</td>
</tr>
<tr class="odd" data-sort="13">
<td>XC40</td>
<td>20,992</td>
<td>13,213</td>
<td>58.9 %</td>
<td>121,905</td>
<td>95,475</td>
<td>27.7 %</td>
</tr>
<tr class="even" data-sort="14">
<td>XC60</td>
<td>0</td>
<td>3</td>
<td>-</td>
<td>-</td>
<td>11</td>
<td>-</td>
</tr>
<tr class="odd" data-sort="15">
<td>XC60 II</td>
<td>18,531</td>
<td>18,717</td>
<td>-1.0 %</td>
<td>131,091</td>
<td>145,629</td>
<td>-10.0 %</td>
</tr>
<tr class="even" data-sort="16">
<td>XC90 II</td>
<td>7,692</td>
<td>9,165</td>
<td>-16.1 %</td>
<td>61,327</td>
<td>71,830</td>
<td>-14.6 %</td>
</tr>
<tr class="odd" data-sort="17">
<td>Other</td>
<td>0</td>
<td>3</td>
<td>-</td>
<td>-</td>
<td>5</td>
<td>-</td>
</tr>

<tr data-sort="19">
<td class="footer">Total</td>
<td>67,636</td>
<td>64,536</td>
<td>4.8 %</td>
<td>451,128</td>
<td>507,704</td>
<td>-11.1 %</td>
</tr>
</tbody></table>
 

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Discussion Starter #4
Volvo Car USA achieves best September 10.2% sales result since 2004

Volvo Car USA achieves best September sales result since 2004
Oct 01, 2020 ID: 272070

Sales up 10.2 percent over September 2019

10,274 cars sold in September 2020

Fourth consecutive month of year-over-year growth

Year-to-date sales improve 2.1 percent, down now just 4.9 percent

11.1 percent growth year-over-over in the third quarter of 2020


ROCKLEIGH, NJ (October 1, 2020) Volvo Car USA maintained its upward sales trend announcing today its fourth consecutive month of year-over-year growth. Retailing 10,274 cars in September 2020, the strong result represents 10.2 percent growth over the same period last year and marks the best September result for the brand since 2004.


“These results are a testament to our entire product range and our retail network,” said Anders Gustafsson, President and CEO of Volvo Car USA. “Customers believe in our brand and our products and trust that we’ll provide a safe and convenient buying experience.”


The XC40 premium compact SUV continued to preform strongly, up 18 percent year-to-date contributing to the continued strength of the XC line of Volvo SUVs. Together the ‘XC’ line contributed to 70 percent of the brand’s overall sales volume for the month of September.


Closing out the third quarter of 2020, the Volvo brand has achieved double digit growth, up 11.1 percent year-over-year for the quarter, and is now down just 4.9 percent year-to-date.
 

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Discussion Starter #5
US sales by model
<p>
<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">September 2020</td>
<td class="header">September 2019</td>
<td class="header">%</td>
<td class="header">Year To Date 2020</td>
<td class="header">Year To Date 2019</td>
<td class="header">%</td>
</tr>



<tr class="even" data-sort="0">
<td>S60</td>
<td>1,576</td>
<td>1,614</td>
<td>-2.4 %</td>
<td>8,428</td>
<td>12,329</td>
<td>-31.6 %</td>
</tr>
<tr class="odd" data-sort="1">
<td>S90</td>
<td>503</td>
<td>777</td>
<td>-35.3 %</td>
<td>1,541</td>
<td>2,269</td>
<td>-32.1 %</td>
</tr>
<tr class="even" data-sort="2">
<td>V60</td>
<td>297</td>
<td>123</td>
<td>141.5 %</td>
<td>1,084</td>
<td>629</td>
<td>72.3 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>V60 CC</td>
<td>468</td>
<td>214</td>
<td>118.7 %</td>
<td>2,903</td>
<td>732</td>
<td>296.6 %</td>
</tr>
<tr class="even" data-sort="4">
<td>V90</td>
<td>43</td>
<td>121</td>
<td>-64.5 %</td>
<td>209</td>
<td>408</td>
<td>-48.8 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V90 CC</td>
<td>172</td>
<td>196</td>
<td>-12.2 %</td>
<td>862</td>
<td>762</td>
<td>13.1 %</td>
</tr>
<tr class="even" data-sort="6">
<td>XC40</td>
<td>1,911</td>
<td>1,090</td>
<td>75.3 %</td>
<td>15,580</td>
<td>13,223</td>
<td>17.8 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>XC60 II</td>
<td>2,632</td>
<td>2,253</td>
<td>16.8 %</td>
<td>20,462</td>
<td>22,171</td>
<td>-7.7 %</td>
</tr>
<tr class="even" data-sort="8">
<td>XC90</td>
<td>2,672</td>
<td>2,935</td>
<td>-9.0 %</td>
<td>22,535</td>
<td>24,909</td>
<td>-9.5 %</td>
</tr>

<tr data-sort="10">
<td class="footer">Total</td>
<td>10,274</td>
<td>9,323</td>
<td>10.2 %</td>
<td>73,604</td>
<td>77,432</td>
<td>-4.9 %</td>
</tr>
</tbody></table>
 

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So it seems if the end of the year there will not be nothing unexpeciting, then this year will be second best in Volvo history.
 
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