Volvo Car Group Announces November Retail Sales

Record sales for a single month – 49,055 cars in November Strong sales increases in all regions globally All-new Volvo S90 premium saloon soon to be unveiled Volvo Cars posted a 26.0 per cent increase in retail sales for the month of November, selling 49,055 cars globally, which represents a new all-time high result for a single month. In the medium term, Volvo Cars is targeting annual sales of 800,000 cars globally following a complete renewal of its product line-up in the next four years.

GOTHENBERG, SWEDEN -- December 1, 2015: The global success for the Volvo XC90 is paving the way for the all-new Volvo S90 premium saloon – the second car to be based on Volvo’s in-house-developed SPA (Scalable Product Architecture) technology. The Volvo S90 will be unveiled at an event in Gothenburg on December 2nd.

For the month of November, the United States reported 6,903 retail sales, up 90.5 per cent versus the same month last year. Sales were boosted by strong demand for the XC90 and XC60 models, which were the best-selling Volvos in the US for the month. Year-to-date sales in the US market are now up 18.0 per cent.

Retail sales in Europe as a whole were up by 23.9 per cent to a total of 26,646 cars. Sweden reported a market share of 24.3 per cent, while the Netherlands and Germany were also growth drivers in Europe with substantial sales increases. The V40 and XC60 were the best-selling Volvo models in Europe, while growth was driven mainly by the XC90 model.

Sales in China amounted to 8,045 cars in November, up 15.8 per cent versus the same month last year. The locally produced Volvo XC60 and S60L are the best-selling Volvo models on the market. Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

	November				January – November
	2014	2015	Change		2014	2015	Change
China	6 946	8 045	15.8%		73 071	71 766	-1.8%
USA	3 623	6 903	90.5%		51 451	60 706	18.0%
Sweden	5 718	8 164	42.8%		55 092	62 119	12.8%
Western Europe	15 783	18 482	17.1%		163 283	173 598	6.3%
Other markets	6 871	7 461	8.6%		75 924	72 813	-4.1%
TOTAL	38 941	49 055	26.0%		418 821	441 002	5.3%

The Volvo XC60 was the best-selling model in November, with 13,988 cars sold (2014: 12,360), followed by the V40 and V40 Cross Country models, for which deliveries reached a total of 9,656 cars (9,591). The new Volvo XC90 was the third best-selling car line, with 6,792 cars. Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.