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Volvo Reports Double Digit Sales Growth

Volvo Reports Double Digit Sales Increase

The new Volvo XC90 have helped give Volvo a double digit sales increase between January and June. The increase is 10.5% higher than of the same period last year.

The best selling model in Europe was the XC60, but there was strong demand for the XC90.

The UK saw sales of 22,629 cars which is a 1584 car increase on last year.

"Jon Wakefield, Acting Managing Director of Volvo Car UK, said: "This impressive half-year result and sustained growth is a reflection of the continued hard work from everyone here at Volvo Car UK and our dealer network. It is also yet more proof of the desirability of our products. Volvo has ambitious plans – both in the UK and on a global scale – and the UK's strong performance shows that we're right to be confident about another record-breaking year for the company."

China was Volvo's largest single market in the first half of 2016, with 40,688 cars sold. This is an increase of 6.3 per cent and mainly driven by demand for the new XC90 as well as the locally produced XC60 and S60L saloon.