Volvo. Global sales growing 7% in the 2017

Volvo Global performance in the first nine months of the 2017 has been moderately positive following the remarkable growth shown in the previous 7 years. Sales were sustained by moderate growth in Asia.

Following the positive performance reported in the period 2010-2016, during the first nine months of the 2017 Volvo has maintained the pace improving 7% with 410.000 global sales.

At regional-wise, the fastest growing areas are the ASEAN (+26.2%), the CIS (+21.5%) and Asia (including China, Korea, Japan and India), up 15.6% while sales fell down in North Africa and Pacific.

Global Automotive Database

Based on the over 750 millions vehicles sales downloaded within of GAD (Global Auto Database) collected and aggregated by hundreds selected sources covering over 140 vehicles markets worldwide, our “Brand Performance Reports” refer to registrations data.

Volvo Global Performance Report

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%.

Please click on the product figure to see the Contents details.

Rank 2017 Regional sales Q1 Q2 Q3 YTD 2017 Variation
8 Asean 848 938 844 2.631 26,2%
5 CIS 1.404 2.338 2.023 5.766 21,5%
2 Asia 28.846 33.317 35.388 97.551 15,6%
4 LatAm 2.259 2.625 2.729 7.612 10,9%
1 UE 80.267 80.235 63.792 224.293 6,6%
7 Europe East 672 1.220 1.022 2.914 6,3%
3 America North 14.750 22.554 24.595 61.899 -1,9%
11 GCC 325 168 177 670 -3,8%
10 Levant 383 353 309 1.045 -4,0%
9 Africa 565 476 568 1.609 -8,0%
6 Pacific 1.330 1.366 1.180 3.876 -22,4%
12 Africa North 154 121 137 412 -30,2%
Total 131.803 145.711 132.764 410.278 7,0%

(1273)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018