Volvo Cars reported big sales gains for the first half of this year, setting another record and jumping 14.4 percent from the same period last year.

That means 317,639 sales for Volvo, and the automaker reports it is on course for record full-year sales, likely to top 600,000 for the first time in a single year. The increase is nearly 40,000 vehicles and it puts the company closer to its goal of 800,000 cars per year by 2020.

All major markets saw a sales increase for the company. Sales in Europe are up 5.7 percent for the year and 11.2 for the month. China was up 18.4 and 15/5 percent, and the US showed a massive 39.6 percent sales increase for the first half of the year hitting 47,662 vehicles. Expect that to grow with the launch of the company's first US-built car, the S60, set to go on sale later this year.

Globally, the XC60 was the best selling Volvo, hitting 88,786 sales. That's up from just 829 in the short period the crossover was available the year before. The XC90 hit 47,658 units, and the V40 family sold 48,554.