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August 09, 2019 12:00 AM

Volvo China sales rise 25% in July; global sales up 7%

Yang Jian
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    The locally built XC40 went on sale in April.

    Volvo’s sales growth in China accelerated in July, with volume advancing 25 percent to 12,639 after adding more locally produced models. 

    The growth reflected strong demand for the locally produced XC60 midsize crossover and the S90 large sedan.

    The locally built XC40, which went on sale in April, also contributed to volume growth, Volvo said, without disclosing sales of individual models.

    The XC40 compact crossover is the fourth product the Swedish automaker assembles in China, following the XC60, S90 and the S60 compact sedan. 

    While the other three vehicles are built at Volvo factories, the XC40 is produced in Geely Automobile Holdings’ Luqiao plant in east China’s Zhejiang province. 

    Volvo and Geely Auto are both owned by private Chinese company Zhejiang Geely Holdings Group. 

    The XC60 and the S60 are built at Volvo’s plant in the south China city of Chengdu, while the S90 is produced at a Volvo factory in the northeast China city of Daqing. 

    Volvo also exports the XC60 and S90 to Europe from China.

    In the first seven months, the Swedish automaker delivered 80,380 vehicles in China, a rise of 12 percent from the same period last year. 

    Globally, Volvo's sales rose 7.1 percent last month to 54,546 vehicle and its seven-month volume climbed 7.3 percent to 395,372.

    Volvo will also start China production of the first two products planned under Polestar, its electrified performance-vehicle brand.

    The Polestar 1, a plug-in hybrid coupe, will be assembled at a plant jointly owned by Volvo and Geely Group in the southwest China city of Chengdu, with output to begin this year.

    Production of the Polestar 2, full-electric midsize sedan, is due to start in early 2020 at Geely’s Luqiao plant. 

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