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https://www.media.volvocars.com/glo...rts-72-per-cent-global-sales-growth-in-august

Volvo Cars reports 7.2 per cent global sales growth in August
Sep 02, 2020 ID: 270971

Volvo Cars maintained its sales momentum in August, with volumes up 7.2 per cent compared with the same period last year as Europe, China and the US all reported increasing sales.



The company sold 51,239 cars during the month and the volume growth was driven by a continued strong demand for Volvo Car’s award-winning SUV range.



In the first eight months, Volvo Cars sold 383,492 cars, down 13.5 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 eight months, compared with the same period last year.



Volvo Cars’ sales in Europe reached 17,458 cars in August, up 4.9 per cent versus the same month last year. In the first eight months of the year, sales declined by 21.9 per cent year-on-year.



In China, sales reached 15,835 cars, up 11.4 per cent compared with August last year. In the first eight months of the year, sales grew by 1.5 per cent, compared with the same period last year.



US sales in August continued to grow year-on-year during the month and reached 10,378 cars, up 12.9 per cent compared with the same month last year. In the first eight months, US sales declined by 7.0 per cent to 63,330 cars, compared with the same period last year.



In August, the XC60 mid-size SUV was the top selling model for the company, followed by the XC40 compact SUV and the XC90 large SUV. During the month, SUVs accounted for 70.7 per cent of the company’s total sales, up from 63.6 per cent in same month last year.



Online activities continued to show a positive trend in August with increased demand for Volvo Cars’ subscription offer Care by Volvo in markets where the service is available.





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






August








January-August













2019


2020


Change


2019


2020


Change

Europe


16,639


17,458


4.9%


216,555


169,193


-21.9%

China


14,212


15,835


11.4%


94,592


95,986


1.5%

US


9,194


10,378


12.9%


68,109


63,330


-7.0%

Other


7,751


7,568


-2.4%


63,912


54,983


-14.0%

Total


47,796


51,239


7.2%


443,168


383,492


-13.5%



During the first eight months, the XC60 was the company’s top selling model with total sales of 112,560 cars (2019: 126,912 cars), followed by the XC40 with 100,913 cars (2019: 82,262 cars) and the XC90 with 53,635 cars (2019: 62,665 cars)
 

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Discussion Starter #2
Sales by region
<p>
<table style="width: 448px;" cellspacing="0" cellpadding="0" border="0">
<tbody>
<tr>
<td id="td_0" width="64">
<p id="p_22"><br>  August</p>
</td>
<td id="td_1" width="64">
<p id="p_23"> </p>
</td>
<td id="td_2" width="64">
<p id="p_24"> </p>
</td>
<td id="td_3" width="64">
<p id="p_25"> January-August</p>
</td>
<td id="td_4" width="64">
<p id="p_26"> </p>
</td>
<td id="td_5" width="64">
<p id="p_27"> </p>
</td>
<td id="td_6" width="64">
<p id="p_28"> </p>
</td>
</tr>
<tr>
<td id="td_7" width="64">
<p id="p_29"> </p>
</td>
<td id="td_8" width="64">
<p id="p_30">2019</p>
</td>
<td id="td_9" width="64">
<p id="p_31">2020</p>
</td>
<td id="td_10" width="64">
<p id="p_32">Change</p>
</td>
<td id="td_11" width="64">
<p id="p_33">2019</p>
</td>
<td id="td_12" width="64">
<p id="p_34">2020</p>
</td>
<td id="td_13" width="64">
<p id="p_35">Change</p>
</td>
</tr>
<tr>
<td id="td_14" width="64">
<p id="p_36">Europe</p>
</td>
<td id="td_15" width="64">
<p id="p_37">16,639</p>
</td>
<td id="td_16" width="64">
<p id="p_38">17,458</p>
</td>
<td id="td_17" width="64">
<p id="p_39">4.9%</p>
</td>
<td id="td_18" width="64">
<p id="p_40">216,555</p>
</td>
<td id="td_19" width="64">
<p id="p_41">169,193</p>
</td>
<td id="td_20" width="64">
<p id="p_42">-21.9%</p>
</td>
</tr>
<tr>
<td id="td_21" width="64">
<p id="p_43">China</p>
</td>
<td id="td_22" width="64">
<p id="p_44">14,212</p>
</td>
<td id="td_23" width="64">
<p id="p_45">15,835</p>
</td>
<td id="td_24" width="64">
<p id="p_46">11.4%</p>
</td>
<td id="td_25" width="64">
<p id="p_47">94,592</p>
</td>
<td id="td_26" width="64">
<p id="p_48">95,986</p>
</td>
<td id="td_27" width="64">
<p id="p_49">1.5%</p>
</td>
</tr>
<tr>
<td id="td_28" width="64">
<p id="p_50">US</p>
</td>
<td id="td_29" width="64">
<p id="p_51">9,194</p>
</td>
<td id="td_30" width="64">
<p id="p_52">10,378</p>
</td>
<td id="td_31" width="64">
<p id="p_53">12.9%</p>
</td>
<td id="td_32" width="64">
<p id="p_54">68,109</p>
</td>
<td id="td_33" width="64">
<p id="p_55">63,330</p>
</td>
<td id="td_34" width="64">
<p id="p_56">-7.0%</p>
</td>
</tr>
<tr>
<td id="td_35" width="64">
<p id="p_57">Other</p>
</td>
<td id="td_36" width="64">
<p id="p_58">7,751</p>
</td>
<td id="td_37" width="64">
<p id="p_59">7,568</p>
</td>
<td id="td_38" width="64">
<p id="p_60">-2.4%</p>
</td>
<td id="td_39" width="64">
<p id="p_61">63,912</p>
</td>
<td id="td_40" width="64">
<p id="p_62">54,983</p>
</td>
<td id="td_41" width="64">
<p id="p_63">-14.0%</p>
</td>
</tr>
<tr>
<td id="td_42" width="64">
<p id="p_64">Total</p>
</td>
<td id="td_43" width="64">
<p id="p_65">47,796</p>
</td>
<td id="td_44" width="64">
<p id="p_66">51,239</p>
</td>
<td id="td_45" width="64">
<p id="p_67">7.2%</p>
</td>
<td id="td_46" width="64">
<p id="p_68">443,168</p>
</td>
<td id="td_47" width="64">
<p id="p_69">383,492</p>
</td>
<td id="td_48" width="64">
<p id="p_70">-13.5%</p>
</td>
</tr>
</tbody>
</table>
 

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Discussion Starter #3
Global sales by models
<p>
<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">August 2020</td>
<td class="header">August 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>54</td>
<td>-</td>
<td>27</td>
<td>916</td>
<td>-97.1 %</td>
</tr>
<tr class="odd" data-sort="1">
<td>S60 III</td>
<td>4,575</td>
<td>2,010</td>
<td>127.6 %</td>
<td>24,955</td>
<td>14,200</td>
<td>75.7 %</td>
</tr>
<tr class="even" data-sort="2">
<td>S60L</td>
<td>14</td>
<td>1,460</td>
<td>-99.0 %</td>
<td>4,236</td>
<td>7,746</td>
<td>-45.3 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>S60 CC</td>
<td>0</td>
<td>3</td>
<td>-</td>
<td>-</td>
<td>163</td>
<td>-</td>
</tr>
<tr class="even" data-sort="4">
<td>S90</td>
<td>3,715</td>
<td>4,640</td>
<td>-19.9 %</td>
<td>26,205</td>
<td>36,179</td>
<td>-27.6 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V40</td>
<td>134</td>
<td>2,511</td>
<td>-94.7 %</td>
<td>2,255</td>
<td>31,033</td>
<td>-92.7 %</td>
</tr>
<tr class="even" data-sort="6">
<td>V40 CC</td>
<td>35</td>
<td>878</td>
<td>-96.0 %</td>
<td>514</td>
<td>10,250</td>
<td>-95.0 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>V60</td>
<td>0</td>
<td>20</td>
<td>-</td>
<td>19</td>
<td>704</td>
<td>-97.3 %</td>
</tr>
<tr class="even" data-sort="8">
<td>V60 CC</td>
<td>0</td>
<td>35</td>
<td>-</td>
<td>2</td>
<td>320</td>
<td>-99.4 %</td>
</tr>
<tr class="odd" data-sort="9">
<td>V60 CC II</td>
<td>1,199</td>
<td>1,029</td>
<td>16.5 %</td>
<td>10,333</td>
<td>8,541</td>
<td>21.0 %</td>
</tr>
<tr class="even" data-sort="10">
<td>V60 II</td>
<td>2,960</td>
<td>2,470</td>
<td>19.8 %</td>
<td>31,063</td>
<td>34,770</td>
<td>-10.7 %</td>
</tr>
<tr class="odd" data-sort="11">
<td>V90</td>
<td>867</td>
<td>1,170</td>
<td>-25.9 %</td>
<td>9,336</td>
<td>14,347</td>
<td>-34.9 %</td>
</tr>
<tr class="even" data-sort="12">
<td>V90 CC</td>
<td>1,008</td>
<td>1,125</td>
<td>-10.4 %</td>
<td>7,439</td>
<td>12,150</td>
<td>-38.8 %</td>
</tr>
<tr class="odd" data-sort="13">
<td>XC40</td>
<td>13,828</td>
<td>8,200</td>
<td>68.6 %</td>
<td>100,913</td>
<td>82,262</td>
<td>22.7 %</td>
</tr>
<tr class="even" data-sort="14">
<td>XC60</td>
<td>0</td>
<td>0</td>
<td>-</td>
<td>-</td>
<td>8</td>
<td>-</td>
</tr>
<tr class="odd" data-sort="15">
<td>XC60 II</td>
<td>15,938</td>
<td>14,969</td>
<td>6.5 %</td>
<td>112,560</td>
<td>126,912</td>
<td>-11.3 %</td>
</tr>
<tr class="even" data-sort="16">
<td>XC90 II</td>
<td>6,966</td>
<td>7,222</td>
<td>-3.5 %</td>
<td>53,635</td>
<td>62,665</td>
<td>-14.4 %</td>
</tr>
<tr class="odd" data-sort="17">
<td>Other</td>
<td>0</td>
<td>0</td>
<td>-</td>
<td>-</td>
<td>2</td>
<td>-</td>
</tr>

<tr data-sort="19">
<td class="footer">Total</td>
<td>51,239</td>
<td>47,796</td>
<td>7.2 %</td>
<td>383,492</td>
<td>443,168</td>
<td>-13.5 %</td>
</tr>
</tbody></table>
 

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Discussion Starter #4
US Sales highlight
  • Sales up 12.9 percent over August 2019
  • 10,378 cars sold in August 2020
  • Best August sales result since 2006
  • Year-to-date sales improve 3.1 percent, down now just 7.0 percent

US sales by model

<p>

<table class="table table-striped">
<tbody><tr data-sort="0">
<td class="header">Models</td>
<td class="header">August 2020</td>
<td class="header">August 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>1,094</td>
<td>1,203</td>
<td>-9.1 %</td>
<td>6,852</td>
<td>10,715</td>
<td>-36.1 %</td>
</tr>
<tr class="odd" data-sort="1">
<td>S90</td>
<td>392</td>
<td>53</td>
<td>639.6 %</td>
<td>1,038</td>
<td>1,492</td>
<td>-30.4 %</td>
</tr>
<tr class="even" data-sort="2">
<td>V60</td>
<td>238</td>
<td>72</td>
<td>230.6 %</td>
<td>787</td>
<td>506</td>
<td>55.5 %</td>
</tr>
<tr class="odd" data-sort="3">
<td>V60 CC</td>
<td>458</td>
<td>181</td>
<td>153.0 %</td>
<td>2,435</td>
<td>518</td>
<td>370.1 %</td>
</tr>
<tr class="even" data-sort="4">
<td>V90</td>
<td>51</td>
<td>26</td>
<td>96.2 %</td>
<td>166</td>
<td>287</td>
<td>-42.2 %</td>
</tr>
<tr class="odd" data-sort="5">
<td>V90 CC</td>
<td>233</td>
<td>62</td>
<td>275.8 %</td>
<td>690</td>
<td>566</td>
<td>21.9 %</td>
</tr>
<tr class="even" data-sort="6">
<td>XC40</td>
<td>1,933</td>
<td>1,508</td>
<td>28.2 %</td>
<td>13,669</td>
<td>12,133</td>
<td>12.7 %</td>
</tr>
<tr class="odd" data-sort="7">
<td>XC60 II</td>
<td>2,981</td>
<td>2,926</td>
<td>1.9 %</td>
<td>17,830</td>
<td>19,918</td>
<td>-10.5 %</td>
</tr>
<tr class="even" data-sort="8">
<td>XC90</td>
<td>2,998</td>
<td>3,163</td>
<td>-5.2 %</td>
<td>19,863</td>
<td>21,974</td>
<td>-9.6 %</td>
</tr>

<tr data-sort="10">
<td class="footer">Total</td>
<td>10,378</td>
<td>9,194</td>
<td>12.9 %</td>
<td>63,330</td>
<td>68,109</td>
<td>-7.0 %</td>
</tr>
</tbody></table>
 
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