News - Market Insight - Market Insight 2018Market Insight: Volvo’s brilliant yearVolvo to smash all-time annual sales record this year in defiance of market slowdown5 Nov 2018 By TERRY MARTIN - Volvo Car Australia is defying the general market slowdown and the decline in the prestige and luxury car sector with phenomenal sales growth this year of 44.2 per cent, which will take the Swedish brand past 6000 annual units for the first time.
- As many of its major rivals find the going tough in the current conditions – including Mercedes-Benz (-10.1% YTD), BMW (-3.8%), Audi (-9.3%), Land Rover (-18.6%), Lexus (-3.1%) and Jaguar (-4.0%) – Volvo has just posted 691 sales in October for a 68.1 per cent increase over the corresponding month last year, bringing its year-to-date total to 5616 units.
Read more26th of September 2018 Volvo goes Cross Country again in EuropeNew-generation Volvo V60 Cross Country under consideration for Australia21st of June 2018 Volvo unveils its all-American S60Diesel out and electrification in as Volvo wheels out US-built S60 sedan8th of May 2018 Volvo aims to double local sales by 202010,000 sales a year the short-term target for Volvo via new models, improved supply |
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