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China

Volvo Has Dramatically Increased Its Global Sales

In China alone, the Swedish brand have recorded a demand growth of 25%.

In the first seven months of 2019 world Volvo sales jumped by 7.3% and amounted to almost 400 thousand units of cars.

About it reports a press-service of Volvo Cars, reports the online edition of the Chronicle.info with reference to TSN.

Judging from the publication, the demand for the Chinese market only in July increased to 12.6 thousand cars that on 25% more than the previous indicators. In January-July 2019 Volvo to China has put 80 thousand cars, which is 12% higher than the same period last year.

Global brand sales for July jumped by 7.1% and amounted to almost 55 thousand cars.

Overall growth was recorded due to the launch of sales of new models of local production in China. More just bought a crossover XC40, XC60 and S90 sedan.

To increase sales, Volvo will also launch in China production of hybrid and electric vehicle subsidiary brand Polestar.