Volvo's May deliveries rise, bolstered by locally built XC60 and S90
Volvo Car Corp. delivered 10,582 vehicles in China last month, an increase of 8.2 percent from the same month last year.
The growth was led by two locally produced models -- the XC60 crossover and S90 sedan, said the Swedish brand, without revealing sales of individual models.
Despite the increase, Volvo’s sales in China, its largest single market, showed signs of slowing in May.
For the first four months of this year, Volvo sold 39,210 vehicles in the market, a jump of 22 percent from the same period last year.
Through May, Volvo’s China deliveries totaled 49,792, advancing 19 percent from a year earlier.
Aside from the XC60 and S90, Volvo assembles the S60 compact sedan in China.
The next Volvo model to be produced locally will be the XC40 compact crossover. Local production of the XC40, now sold in China through imports, will begin next year.
Also next year, the company will start assembling vehicles for its Polestar high-performance electric vehicle brand at a plant it is constructing in the south China city of Chengdu along with its Chinese parent, Zhejiang Geely Holding Group.
The first product to be built at the factory will be Polestar 1 plug-in hybrid.
Despite the increase, Volvo’s sales in China, its largest single market, showed signs of slowing in May.
For the first four months of this year, Volvo sold 39,210 vehicles in the market, a jump of 22 percent from the same period last year.
Through May, Volvo’s China deliveries totaled 49,792, advancing 19 percent from a year earlier.
Aside from the XC60 and S90, Volvo assembles the S60 compact sedan in China.
The next Volvo model to be produced locally will be the XC40 compact crossover. Local production of the XC40, now sold in China through imports, will begin next year.
Also next year, the company will start assembling vehicles for its Polestar high-performance electric vehicle brand at a plant it is constructing in the south China city of Chengdu along with its Chinese parent, Zhejiang Geely Holding Group.
The first product to be built at the factory will be Polestar 1 plug-in hybrid.
