Volvo logs 17th consecutive month of retail sales growth in November 2014

Article by Andrew Christian, on December 5, 2014

Volvo Cars logged its 17th straight month of retail sales growth in November, thanks to gains posted in China and Europe. Leading the charge for Volvo is the XC60 crossover, which was able to top its full year 2013 sales within just 11 months this year to set a new sales record. Volvo remains saleable in China – the base of its parent company – in November, surging 15.6 percent to 6,933 cars.

For the first 11 months of 2014, Volvo’s sales grew 33.6 per cent in China, where the Volvo XC60 crossover and the S60L sedan were its best-selling models. In its home turf Sweden, Volvo Cars posted a 6.5-percent jump in sales in November to 5,718 cars, marked by the Volvo V60 and V70 models as its best-selling models in the country.

For the month, Volvo controls 21-percent of the Swedish auto market. The carmaker also logged a 3.4-percent climb in sales in Europe in November 2014, boosted by good demand in markets like the United Kingdom, Germany and France.

Leading Volvo’s charge in Europe is the Volvo V40 hatchback, thanks to its class-leading line-up of Drive-E engines. The carmaker, however, recorded a 14.4-percent dive in sales in the United States to 3,623 units in November.

US best-sellers in November for the carmaker are the Volvo XC60 and S60 models. Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Cars, remarked that the 17 months of consecutive growth demonstrates that the carmaker’s growth is both consistent and sustainable.

Topics: volvo, sales

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