Volvo Sales Grow by 1.4% in 2013 Thanks to Growth in China

VolvoVolvoSweden, 1927 > present49 models
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Cars sold 427,840 cars in 2013, up 1.4% from 2012, but sales are growing rapidly with December sales up 11.7% worldwide. The Volvo XC60Volvo XC60Sweden, 2008 > present261 versions
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was Volvo’s bestselling car in 2013 at 114,010 cars, its best year ever.

“After six consecutive months of growing sales we can report a great full-year performance exceeding last year’s results,” said Alain Visser, Volvo head of sales and marketing.

The United States was Volvo’s largest single market with 61,233 cars sold, down 10.1% from the previous year, but China is growing extremely rapidly with 61,146 cars sold, up 45.6% from the previous year.

“Our China team has delivered fantastic growth and we will continue to expand our presence there,” said Visser.

In the European Union, Volvo sold 226,095 cars this year, down 0.4%. Volvo is still the market leader in Sweden with a 20% market share. It sold 52,260 cars there in 2013, up 0.8%.

Volvo plans to launch the V60Volvo V60Sweden, 2010 > present301 versions
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in the US in 2014, and worldwide it will launch its new Drive-E four-cylinder engine family and the new XC90Volvo XC CoupéSweden, 2014 > 2014.