Volvo Reports Remarkable Sales In Tough Climate

Industry News / Comments

There's growth in the US again.

Volvo has been a serious competitor for German luxury cars for some time, and its XC90 SUV is one of the best out there. The brand may have been renowned almost exclusively for safety in the past, and although that is still a major principle in how the company builds cars, its luxury ambitions have made it a wonderful alternative to the established order. Volvos these days are the complete package, with plenty of luxury and safety features, all while the brand marches to a greener future. All of this has set a foundation that has allowed Volvo to bounce back from the economic downturn and remain strong in the market.

Front View Volvo
Side View Volvo
Side View Volvo

According to the Swedish marque, Volvo sold 61,483 cars worldwide last month, down just 2.1 percent year on year. Volvo opted to leave plants open although production slowed dramatically, yet it claims that online initiatives like the Stay Home Store have contributed to its strong position today. In the US, Volvo sold 10,385 cars in June, up 4.5 percent compared with June 2019. On the other side of the planet, sales in China also grew by 14.1 percent year on year, with 15,105 cars sold last month. However, in Europe sales only reached 28,277 cars, down 6.5 percent. Still, that's not a bad turnout for a company dealing with the same drop in demand that all others have been experiencing.

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So which are the most popular models? The XC60 mid-size SUV was the best seller while the compact XC40 came in second and the XC90 large SUV in third. This made SUVs responsible for 71.2 percent of the brand's total sales, up a whopping 60 percent compared to the same time last year.

Meanwhile, fully electric and hybrid Volvos have seen a doubling of sales over the first half this year compared to the first six months of 2019. With Volvo getting closer to self-driving cars, we wouldn't be at all surprised if the brand continues to grow both here and in the rest of the world.

2016-2019 Volvo XC90 Plug-in Hybrid Front Dynamic Volvo
2016-2020 Volvo XC90 Rear Angle View Volvo
2016-2020 Volvo XC90 Front Angle View Volvo

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