Volvo Cars has released its global sales and financial results for the first nine months of 2019, where the former saw 507,704 cars delivered, which is a 7.4% increase compared with the same period last year. For the third quarter of 2019, the Swedish carmaker shifted 166,878 cars, which itself is a 7.7% gain from what was recorded in Q3 2018.

Looking at the breakdown of the figures, Volvo’s XC range of SUVs (XC40, XC60 and XC90) remains the most popular among its customers, with 312,945 units sold over nine months, and 106,055 units sold in Q3 2019.

Meanwhile non-SUV models like the S90, S90 Cross Country, S60, V60, V60 Cross Country and others made up the remaining amount, with 194,759 units delivered in the first nine months, and 60,823 units in Q3 2019.

In terms of markets, China is the biggest for Volvo, with 109,512 cars delivered there from January to September, with the United States (77,432 cars), United Kingdom (44,513 cars) and the carmaker’s home market (43,568 cars) following after.

Thanks to an encouraging Q3 2019, Volvo’s net revenue at the end of the period stood at 64.827 billion Swedish krona, which is 14.2% higher than in Q3 2018. Over the first nine months, the company recorded a net revenue of 194.922 billion Swedish krona, or 8.5% more than the same period last year.

The carmaker expects continued growth in sales and revenue for the rest of the year, backed by a renewed product portfolio and increased production capacity, although it is wary of continued pressure on margins due to market conditions.