Volvo reports double-digit growth for first half of 2016

The all-new Volvo XC90 R-Design

Mercedes-Benz isn’t the only premium marque on a streak. Volvo Cars has also reported double-digit sales growth for the first six months of 2016. Deliveries grew by 10.5% to 256,563 cars compared with the same period in 2015. The second-gen Volvo XC90 was the driver of growth.

The Swedish carmaker reported growth in all major sales regions in H1 2016. In Europe, sales rose by 10.3% to 138,851 cars thanks to strong performances in key markets such as Sweden, Germany, France and the UK. The XC60 was the best-selling Volvo in the Continent, just like in 2015.

Volvo’s resurgence in the US continued apace, as the company delivered close to 25% more cars over the six-month period.36,654 cars were sold in H1, led by the XC90.

China was Volvo’s largest single market in the period with 40,688 cars sold, an increase of 6.3% year-on-year. Growth was driven by growing demand for the XC90 as well as the Chengdu-made XC60 and S60L long-wheelbase saloon. Volvo reportedly plans to export S60Ls from China to the US.

In June, Volvo retail sales increased by 10.6% overall compared to the same month in 2015, to 51,431 units. As such, it was the 13th consecutive month of global sales growth for the company. With fantastic-looking new models such as the S90 sedan and V90 wagon duo, this trend is set to continue.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

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