Volvo. First time ever at half million sales, thanks to Asian success

Volvo Global Performance in sales during the last sixth years has been almost double than the industry mainly thans to the success in the owners market, China. Sales are reported in detail for 101 markets.

In the period 2010-2016 Volvo global sales improved from 364.000 in the 2010 to 535.000 in the 2016, performing a Compound annual growth rate  (C.A.G.R) of +7.8%, while the industry CAGR in the period was +4.6%.

In this period, Volvo gained two steps within the Global Car Brands Ranking landing in the 41st place.

Sales split at regional level confirmed in the 2016 the supremacy of the European region counting the 56.6% of total sales (it was 66.3% in the 2010). However, sales in Asia are improving share actually counting 23.1% (from 11.7%), while American sales declining at 18.4% of the total (from 19.6%).

In our report we figure out this brand’s sales data in 95 different countries, with forecast up to the 2022.

On top of all, in the 2016 there was China with 16.9% of global sales share (from 6.2% in the 2010), ahead of USA with 15.4% (from 14.8%), Sweden with 13.3% (from 14.7%), United Kingdom with 8.7% and Germany with 7.5%.

Based on the over 750 millions vehicles sales downloaded within of GAD (Global Auto Database) collected and aggregated by hundreds selected sources covering over 130 vehicles markets worldwide, our “Brand Performance Reports” refer to registrations data.

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