Volvo Global performance in recent years was definitely better than the global industry and in the 2018 was reported up to a robust 13%, with 647.708 sales. Indeed, impressive performances were registered in China and USA, while the home market lost 7.4%. In the recently published study, focus2move team projects volumes at 795.690 by the 2025.
Volvo ranks as the 36th largest brand in the World, thanks to steadily growing during the 2010-2018 period of time.
Volvo is a Swedish Brand, manufacturing passenger cars, trucks and buses, known worldwide for delivering a specific value: Safety. More than half of sales are concentrated across the European continent, while 27% and 19% of the mix is distributed respectively in Asia and America (North, Centre and South aggregated). China is the Top market, followed by USA and Sweden, which has declined by 7.4% in the 2018.
In the 2018 Volvo has sold 647.708 light vehicles in the World, improving 13% from the previous year.
Since the 2010 the brand sales grew up 79.2% with a CAGR of 9.9%. During the same frame of time, global light vehicles market grew up from 73.7 millions to 94.3 million with a global CAGR of 3.5%. So Volvo definitely improved its market share in this period. According to our study, in the period 2019-2025 Volvo will boost sales at 795.690 units.
Tracking all brands sales across the World – with a current coverage of 150 markets – the Focus2move Research Team has analyzed in detail the growth of Volvo in the World since 2010, reporting in the just updated market research “Volvo Global Sales Performance 2010-2025” all sales broken down by region, country and model.
In addition they have projected the development of the brand sales up to 2025 taking under consideration both the single market development forecast and the brand plans in terms of line up and growth.
The result has been a unique in the World, research, offered at the huge value of €750, available for direct purchase on this web site.