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Volvo Cars global sales up by 43% in May

Volvo Cars global sales up by 43% in May

by admin
June 7, 2021
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Volvo Cars global sales up by 43% in May

In Might, Volvo Vehicles offered a complete of 64,111 vehicles, up from 44,830 vehicles in the identical interval final yr. Progress was primarily pushed by a robust demand within the US and, in Europe, a restoration from a gross sales drop in Might final yr associated to the Covid-19 pandemic. In China, the place gross sales returned to development round this time final yr, the corporate reported a gentle enhance of 11.7 per cent.

Gross sales within the January-Might interval landed at 312,533 vehicles, up 49.9 per cent in contrast with the identical interval final yr.

Gross sales of the Recharge line-up of chargeable fashions, with a totally electrical or plug-in hybrid powertrain, remained sturdy in Europe through the month of Might, and represented 40 per cent of the corporate’s total gross sales within the area. Following a robust gross sales development within the US, Recharge automobiles accounted for 20.8 per cent of its whole gross sales. Globally, Recharge vehicles accounted for 23.7 per cent of the full gross sales quantity throughout Might.

Within the US, gross sales elevated by 38.9 per cent in Might in contrast with the identical month final yr, primarily pushed by a robust demand for the XC90 and XC60. Complete gross sales reached 13,221 vehicles, a rise from 9,519 items offered in the identical interval 2020, when many states applied stay-at-home orders as a result of pandemic.

European gross sales grew to 24,761 vehicles for the month of Might, up 65.1 per cent in comparison with the identical interval final yr. The rise was primarily pushed by markets which have began to get better after final yr’s pandemic-related shutdowns.

China, Volvo Vehicles’ largest nationwide market, reported its 14th consecutive month of gross sales development in Might, with whole gross sales reaching 16,895 vehicles. The rise was led by a continued excessive demand for the regionally assembled XC60 and S90 fashions.

In Might, the XC40 was the highest promoting mannequin with gross sales of 20,350 vehicles (10,891 vehicles in Might 2020), adopted by the XC60, with whole gross sales of 19,835 vehicles (13,226), and the Volvo XC90 with 9,961 vehicles (6,572).





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