Volvo breaks sales record in the first half of 2020 Car News

Volvo posted its strongest sales on record in the first half of the year, rebounding strongly from the impact of the coronavirus pandemic to sell 380,757 cars.

Sales of the Swedish company between January and June were up 41.0% compared to the same period in 2020, when sales and production were affected by various domestic lockdowns. More importantly, the company broke its previous first-half sales record of 340,826 units, set in 2019.

Of those sales, 24.6% were electric or plug-in hybrid models. Sales of these machines, which carry the Volvo Recharge brand, have increased by almost 150% year-on-year.

The XC40 was again Volvo’s best-selling model, with 118,121 sales. Showing the continued popularity of its SUVs, the XC60 (113,500) and XC90 (54,177) were next in its sales list.

Volvo sales increased in its three key markets: Europe, China and the United States. The company sold 166,822 cars in Europe, a 35.4% year-over-year increase which the company said was driven by a strong performance in the UK.

The first-half sales record came after Volvo sold 391,754 cars in the last six months of 2020, which set a new sales record for July through December. This means the company is on track to break its overall annual sales record of 705,452, which was set in 2019.


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This notice was published: 2021-07-02 09:00:02

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