Volvo breaks sales record, and the 600k mark in 2018

Volvo breaks sales record, and the 600k mark in 2018

It has been a great year for Volvo Cars, which set a new global sales record in 2018, while breaking the 600,000 units milestone for the first time since the company was founded in 1927. Sales rose 12.4% to 642,253 units in 2018, up from 571,577 cars in 2017. Last year was the fifth consecutive year of record sales for the carmaker.

Volvo reported strong demand for its renewed product portfolio, led by the XC SUV range, across the core regions of the US, China and Europe. In December, it sold 60,157 cars, up 2.8% year-on-year.

Last year, US sales grew by 20.6% to 98,263 cars, led by growing demand for the XC60 and its SUV sisters. The US-made S60 sedan has started reaching dealerships and should contribute to volumes in 2019.

Volvo breaks sales record, and the 600k mark in 2018

It was bigger volume but less growth in China, which is up 14.1% to 130,593 cars in 2018. Demand was spearheaded by the locally assembled XC60 and S90 models. In Volvo’s home market of Europe, sales rose by 6.4% to 317,838 cars, led by the new V60 wagon and XC40 compact SUV.

The XC60 was the company’s top-selling model in 2018 with 189,459 units (184,966 units in 2017), followed by the XC90 with 94,182 cars (87,518 in 2017). The V40/V40 Cross Country was third with 77,587 units (2017: 95,370 units), slightly edging out the XC40 at 75,828 units. The Geely-owned Swedish company sold 57,142 units of its flagship S90 sedan (46,602 in 2017).

Looking to sell your car? Sell it with myTukar.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

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.

 

Comments

  • VolvoCars, Geely, P1, Mesidis, VolvoTrucks, Lotus > all

    Even whiteman overlords cant save VolvoCars but Geely did. Those under Geely will soar up high, while those under Jepunis lords got scammed and end up becoming bottom feeders relying on junk scraps.

    Like or Dislike: Thumb up 31 Thumb down 1
    • Proton john Doom on Jan 07, 2019 at 4:06 pm

      All, VolvoCars, Geely, Mesidis, VolvoTrucks, Lotus > Projohn

      Even whiteman overlords cant save VolvoCars but Geely did. Those under Geely will soar up high, except for Proton that got scammed and end up becoming Premium Geely Reseller rellying on Geely Products.

      Habisla Proton

      Like or Dislike: Thumb up 1 Thumb down 7
    • Abdul Rahman Bin Kassim on Jan 07, 2019 at 6:47 pm

      Luckily Geely saved Proton.

      If not, Proton workers will keep on lepak-ing and drink teh. And when they do so, the company will tutup kedai

      Like or Dislike: Thumb up 5 Thumb down 5
  • Volvo Geely Lotus > all

    Like or Dislike: Thumb up 15 Thumb down 1
  • In Geely & VW branding hierarchy,
    Volvo = Audi (premium)
    Proton = VW (mass).

    P1 mass market car reengineering and rebranding of Volvo premium product XC60, XC90, S60 with XC40 bodes well to Geely Auto. exactly how VW been deglorify audi cars

    Like or Dislike: Thumb up 15 Thumb down 0
    • azrai on Jan 07, 2019 at 4:45 pm

      Lotus – Bugatti
      Volvo – Audi
      Geely,Proton – VW, SKODA, SEAT
      Link & Co – ID
      Polestar – R Line/GTi

      Like or Dislike: Thumb up 4 Thumb down 0
  • Roti John Sdn Bhd on Jan 07, 2019 at 12:56 pm

    Congratz Volvo!

    Meanwhile Proton breaks lowest sales record

    Like or Dislike: Thumb up 4 Thumb down 20
    • Your username is very funny. No wonder, John Minum Teh 8X is one of the clown person and I suggest you to go to any hospital and check up with your brains and your mentality

      Like or Dislike: Thumb up 14 Thumb down 0
      • Bro. Kunta Albert is the jester in the court of PT. We all just laff at his antics and fail-ry tales.

        Like or Dislike: Thumb up 8 Thumb down 0
    • tarak baca on Jan 08, 2019 at 11:40 am

      Only hilux can sell. Vios altis camry tarak laku.

      Like or Dislike: Thumb up 8 Thumb down 4
  • That 2016 Volvo XC90 T8 INSCRIPTION @ RM 305k surely one Big, huge bargain buy.

    Like or Dislike: Thumb up 11 Thumb down 1
  • Tuu diaaa.. kowtow Geely Chinas

    Like or Dislike: Thumb up 8 Thumb down 0
  • alldisc on Jan 07, 2019 at 2:36 pm

    The hope is there for Proton. But proton biggest problem – it is not established very well in almost every other country in the world except malaysia. Yes, some car enthusiasts may know the name, the cars, and some countries still have active dealers selling several units a month but that’s about it.

    Proton had tried various ways of marketing including rallying, sponsorship of tour de langkawi and using Lotus handling as part of ads but the sentiment remains lukewarm.

    Why I mention proton name in this article? Because both proton and volvo are in the same group and while volvo seemed to be doing very well the destiny of proton is still blur.

    Like or Dislike: Thumb up 6 Thumb down 0
    • In the 1st year of VolvoCar change of ownership to Geely, they oso have the same blurry future. The brand was down in the dumps, the cars were outdated, the design was tired, their unker customers went to Mesidis, their innovations all dried up by Ford. They had no money, no engines, no car, no design, no innovation, and not much of a brand anymore. Everybody predicted VolvoCar will die now that it went to China hands, being cannibalised for the branding and moved to China to make cheap mass produced “Volvo” cars, like some is doing with Borgward.

      But look at VolvoCars now. If P1 needs a partner that has proven ability to bring a brand back to life, Geely is the right one. Najib has made the right choice and the then P1 board made the brave choice not to follow their Bapak advisor, need I say more.

      Like or Dislike: Thumb up 42 Thumb down 1
      • pasir bijik salak on Jan 07, 2019 at 8:54 pm

        Correct. Najib has definitely made the right choice from car making to super luxury yacht, the Equanimity or, need I say more. Too much we plundered and wasted, we all ashamed…

        Like or Dislike: Thumb up 3 Thumb down 10
        • This is a car site. It is not a super luxury yacht site or the Equanimity site. You want to talk about super luxury yacht or the Equanimity go to that site.
          Here we talk about cars & car related. Need I say more.
          *Copy from somewhere.

          Like or Dislike: Thumb up 13 Thumb down 0
          • John Bijik Salak on Jan 08, 2019 at 11:18 pm

            This is a car site. It is not a bashing site or the Pendekar Keyboard site. You want to be a pendekar keyboard go to that site. Here we talk about cars & car related.
            Need I say more.
            *Copy from john

            Like or Dislike: Thumb up 4 Thumb down 1
    • Fareed on Jan 17, 2019 at 11:16 pm

      Why Proton is still blurr?

      Proton got so many cooks that spoilt the soup.

      Meaning everyone inside and outside Proton management wants to meddle and instruct Proton what to do.

      So disturbing until there is no freedom of conducting the Proton business due to everyone especially chronise are not left out especially the part vendors and purchasing side. So Proton cannot progress well unlike Volvo,. Geely never disturb Volvo .

      Another example is Malaysia airlines

      Like or Dislike: Thumb up 1 Thumb down 0
  • Kermanth on Jan 07, 2019 at 3:30 pm

    Only laku in China and Sweden. Need to work harder. Merz one month sales already one year Volvo sales

    Like or Dislike: Thumb up 5 Thumb down 24
    • JOACHIM on Jan 07, 2019 at 4:53 pm

      Better you read the chart, Europe sales is nearly 3x more than China. Even in Sweden, it is not automatic that Swedes will buy Volvos since they are priced equivalent to Mercedesses.

      Like or Dislike: Thumb up 15 Thumb down 0
    • Kelvin on Jan 08, 2019 at 12:02 pm

      Proton one month’s sales is 8 years ahead of Mercedes and BMW too.

      Like or Dislike: Thumb up 6 Thumb down 0
    • What? on Jan 08, 2019 at 2:53 pm

      Another lie by the name-changing troll. Merc one year selling about 3 million cars, about 250k a year with a much more extensive model lineup. Are your math so bad that 250k equals to 600k?

      Like or Dislike: Thumb up 4 Thumb down 0
      • Why yes, his math follows his Nobita Minister. 700Billion can magically be 1Trillion then back to 700Billion.

        Like or Dislike: Thumb up 6 Thumb down 0
  • Gti owner on Jan 07, 2019 at 4:26 pm

    While Perodua yearly sales is 1/3 of your accumulative sales since 1927…

    Like or Dislike: Thumb up 1 Thumb down 9
    • Lolwhut? on Jan 07, 2019 at 5:33 pm

      Why compare a very unsafe brand with one that oozes safety in it’s name?

      Like or Dislike: Thumb up 6 Thumb down 0
      • Khalid on Jan 17, 2019 at 11:34 pm

        In Malaysia we have a higher proportion of M40 population cannot afford Volvo, Mercedes and BMW.

        To them a Perodua is a Rolls Royce which
        Puik,…

        Like or Dislike: Thumb up 2 Thumb down 0
    • Comparing a mass brand with no car breaching 100k with a Volvo? Really “smart” lah you!

      Like or Dislike: Thumb up 5 Thumb down 0
  • newme on Jan 08, 2019 at 8:22 am

    Volvo, poor man’s Audi.

    Like or Dislike: Thumb up 2 Thumb down 6
    • Logical Deduction on Jan 08, 2019 at 10:35 pm

      Audi, an overpriced VW. So why pay over for a VW when a poor man can get better value in a Volvo?

      Like or Dislike: Thumb up 2 Thumb down 0
    • But Audi is just an overpriced VW. So why pay over for a VW, when the poor man can get better value for his money with a Volvo?

      Like or Dislike: Thumb up 1 Thumb down 0
      • Not forgetting, the Poor man and Taxi driver can also pay and get better valure for a Mercedes and BMW too

        Like or Dislike: Thumb up 3 Thumb down 0
    • Audi No RV on Jan 17, 2019 at 11:47 pm

      Volvo. Is swedish .
      Audi is German

      Audi is a poor’s man MINI
      Mercedes is a poor’s man Bentley and Rolls Royce
      BMW is a poor’s man Volvo
      Toyota is a poor’s man Honda then

      Like or Dislike: Thumb up 2 Thumb down 0
  • Pak cik on Jan 08, 2019 at 12:50 pm

    Volvo sales.sucks in bolehland la..

    Like or Dislike: Thumb up 2 Thumb down 6
    • Logical Deduction on Jan 08, 2019 at 10:35 pm

      Volvo goes global, why see local?

      Like or Dislike: Thumb up 6 Thumb down 0
    • Bobby on Jan 17, 2019 at 11:22 pm

      At least Volvo sells more car in bolehland than LEXUS and Audi.

      So actually Lexus and Audi are really sucks in Bolehland .

      Like or Dislike: Thumb up 2 Thumb down 0
    • Audi Fans on Jan 17, 2019 at 11:30 pm

      Volvo sell more cars and is bigger than the whole Malaysia overall annual car sales currently.

      650k units compare to Malaysia 600k buyers
      So Bolehland yearly vehicle sales is just a drop in the ocean . With so many brands inside.

      Malaysia market is irrelevant to Volvo and to China or the world as it stands

      Like or Dislike: Thumb up 2 Thumb down 0
 

Add a comment

required

required