Volvo maintains sales momentum in China on locally built products

August 7, 2018 09:39 CET

Volvo Car’s sales in China remained robust in July, rising 9.2 percent from a year earlier to 10,121 vehicles.

The increase was led by the locally built XC60 crossover and S90 sedan, the automaker said without revealing deliveries of individual products in China.

Through July, Volvo’s China sales jumped 17 percent to 71,601.

In addition to the XC60 and S90, Volvo builds the S60 sedan in China.

Last week, Volvo launched sales of the imported XC40 crossover in China with a starting price of 321,800 yuan ($47,115). The crossover is to be assembled in China next year.

Volvo was acquired by private Chinese automaker Zhejiang Geely Holding Group from Ford Motor in 2010. It has assembly plants in the northeast China city of Daqing, the southwest China city of Chengdu and the east China city of Luqiao.

In 2019, Volvo will start producing vehicles for its Polestar high-performance electrified vehicle brand at a plant it is building in Chengdu with Geely. The first product to enter production at the factory will be Polestar 1 plug-in hybrid.

Contact Automotive News

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