· Volvo 2018 global sales in the first half of the year reached a record high, sales in China increased by nearly 20%

According to Volvo's sales data, Volvo Car's global sales in the first half of the year reached a record 317,639 units, an increase of 14.4%. Among them, global sales in June reached 64,058 units, up 17.9% from the same period last year. The strong performance in the first half of the year made Volvo firmly determined that its annual sales volume will also reach a record high. In 2017, Volvo sold 571,577 vehicles worldwide.

In the first half of 2018, Volvo achieved steady growth in sales in major sales markets such as the US, China and Europe. Driven by the best-selling models XC60 and XC90, Volvo Car's sales in the US market surged 39.6% year-on-year to 47,622 units, compared with 34,102 units in the same period last year. In June, Volvo Cars sold 9,868 units in the US market, up 35.1% year-on-year from 7,303 units in the same period last year.

Thanks to strong consumer demand for domestic XC60 and S90, Volvo's sales in the Chinese market (Volvo's largest single market) reached 61,480 units in the first half of this year, compared with 51,914 units in the same period last year, an increase of 18.4% year-on-year. For the month of June, Volvo sold 11,688 units in the Chinese market, compared with 10,113 units in the same period last year, a year-on-year increase of 15.5%.

In the European market, Volvo's sales in the first half of the year increased by 5.7% year-on-year to 164,480 units, driven by consumer demand for new XC60, 90-series and new XC40 small SUVs, compared with 155,653 units in the same period last year. In June, Volvo's European market sold 33,213 vehicles, a year-on-year increase of 11.2% compared with 29,860 vehicles in the same period last year.

Globally, the new Volvo XC60 is still the best-selling model in the first half of this year, with a total of 88,786 units sold, the Volvo XC90 ranked second with 47,658 units (40,186 units in the same period last year) and the Volvo V40/V40 Cross Country with 41,588 units ( It was ranked third in the same period last year with 48,554 units. It is worth mentioning that in the first half of 2018, Volvo sold a total of 30,977 S90s, compared with 17,346 units in the same period last year, a surge of 78.6%. The Volvo XC40 is still selling well in the first half of the year, with sales of 23,741 units.