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US January sales up 5%

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#1 ·
VCUSA Sales: Volvo Car USA achieves thirteen straight months of growth
Feb 03, 2020 ID: 262079

Five percent growth year-over-year with 6,157 cars sold in January
Thirteenth straight month of year-over-year growth for the brand
Best January sales results in twelve years

ROCKLEIGH, NJ (February 3, 2020) Volvo Car USA started 2020 strong with January sales posting five percent growth. Sales totaled 6,157 cars in January 2020 compared to 5,854 cars sold during the same period last year.

The Volvo XC40, XC60 and XC90 SUVs grew a combined 28% year-over-year; the V60 and V60 Cross Country were also well received, showing strong growth to start the year.

"The XC range continues to attract people into the Volvo family," said Anders Gustafsson, President and CEO of Volvo Car USA. "We anticipate this momentum to continue as we ready the introduction of our first electric SUV, the XC40 Recharge, which has already garnered significant interest from customers."
 
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#2 ·
Sales by model


ModelsJanuary 2020January 2019%Year To Date 2020Year To Date 2019%
S60721107,110.0 %721107,110.0 %
S60 III01,348--1,348-
S9034394-91.4 %34394-91.4 %
V60029--29-
V60 CC241112,090.9 %241112,090.9 %
V60 II5922,850.0 %5922,850.0 %
V901033-69.7 %1033-69.7 %
V90 CC5887-33.3 %5887-33.3 %
XC401,3031,04225.0 %1,3031,04225.0 %
XC60 II1,7371,47118.1 %1,7371,47118.1 %
XC901,9941,42739.7 %1,9941,42739.7 %
Total6,1575,8545.2 %6,1575,8545.2 %
 
#4 ·
Volvo Cars reports sales of 45,752 cars in January
Feb 04, 2020 ID: 262095

Volvo Cars reported global sales of 45,752 cars in January, down 9.7 per cent compared with the same period last year. Volumes last month were impacted due to a new, updated tax system in Sweden and a lower sales performance in China.

Despite the January result, Volvo Cars continues to expect a growth in global volumes for the full year of 2020.

During the month, Volvo Cars' award-winning SUVs maintained a solid sales momentum with total SUV volumes reaching 31,057 cars, accounting for 67.9 per cent of the company's total sales. The XC60 continued to be the top-selling model for the company, followed by the XC40 and the XC90.

Volvo Cars' Recharge line-up of chargeable Volvo models reported a 63.3 per cent jump in January sales compared with the same period last year, and comprised 13.5 per cent of all cars sold in the month. The comparable share at the end of January 2019 stood at 7.5 per cent.

The company aims for plug-in hybrid cars to reach a 20 per cent share of sales in 2020. Recharge is the overarching brandname for all chargeable Volvo models with a fully electric or plug-in hybrid powertrain.

US sales in January reached 6,157 cars, up 5.2 per cent, compared with the same period last year. XC90 was the top selling model in the United States, followed by the XC60 and the XC40.

China sales declined 16.2 per cent in January, compared with the same period last year to 10,015 cars. The locally manufactured XC60 was the top selling model in the region, followed by the S90 sedan.

European sales for the month declined 12.9 per cent, compared to the same period last year. Volvo Cars' largest market in the region, Sweden, reported a 31.9 per cent drop in volumes because of an updated tax system that took effect from January 2020.

A detailed break-up of regional sales is given below:

In January 2020, XC60 was the top selling model with 13,353 cars (2018: 15,593 units), followed by the XC40 with 10,802 cars (2018: 8,113 units) and the XC90 with sales of 6,902 cars (2018: 6,520 units).
 
#6 ·
Global sales by models

ModelsJanuary 2020January 2019%Year To Date 2020Year To Date 2019%
S60 II10273-96.3 %-273-
S60 III2,7241,38996.1 %-1,389-
S60L842885-4.9 %-885-
S60 CC019--19-
S903,2794,916-33.3 %-4,916-
V406293,698-83.0 %-3,698-
V40 CC1551,223-87.3 %-1,223-
V600204--204-
V60 CC090--90-
V60 CC II1,126382194.8 %-382-
V60 II3,6984,097-9.7 %-4,097-
V901,4011,803-22.3 %-1,803-
V90 CC8311,474-43.6 %-1,474-
XC4010,8028,11333.1 %-8,113-
XC60 II13,35315,593-14.4 %-15,593-
XC90 II6,9026,5205.9 %-6,520-
Total45,75250,679-9.7 %50,679-
 
#7 ·
"Volvo Cars' Recharge line-up of chargeable Volvo models reported a 63.3 per cent jump in January sales compared with the same period last year, and comprised 13.5 per cent of all cars sold in the month. The comparable share at the end of January 2019 stood at 7.5 per cent.

The company aims for plug-in hybrid cars to reach a 20 per cent share of sales in 2020. Recharge is the overarching brandname for all chargeable Volvo models with a fully electric or plug-in hybrid powertrain. ........

European sales for the month declined 12.9 per cent, compared to the same period last year. Volvo Cars' largest market in the region, Sweden, reported a 31.9 per cent drop in volumes because of an updated tax system that took effect from January 2020."

https://www.media.volvocars.com/glo...o-cars-reports-sales-of-45752-cars-in-january
 
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