Posts Tagged ‘Sales’

Volvo Cars Posted Decreased U.s. April Sales


With April 2007 already in the books, Volvo Automobiles of North USA reported their income for the past month. Reflecting the reduced income of its parent Ford Motor Company, Volvo announced that they have suffered a 16.5 percent income decrease in the United Says and Puerto Rico.

Year to date understanding is also down by 8 percent compared to the first four months of the past year. Last month, Volvo sold 8,139 vehicles, and that number is lower than the 9,749 automobiles they have sold last year for the same month. This brings the year to date understanding of Volvo Automobiles in the United Says and Puerto Rico combined to 35,092 vehicles. Last year, for the first four months, Volvo has already sold 38,200 vehicles.

Of the eight models in Volvo’s lineup in the region, the XC90 remains as the ideal seller. In April, Volvo sold 2,169 units of the XC90. Even though it ranks as the ideal selling model Volvo, it also suffered from decreased income for the past month. Last year for the same month Volvo has sold 2,582 units of the XC90. That shows a 16 percent decrease in the income of the honor winning model. Year to date understanding for the midsize luxury crossover SUV of Scandinavian descent reaches 10,288 units – a decrease of 7.7 percent as compared to the 11,150 XC90 units that Volvo sold for the first four months of 2006.

Next to the XC90 in terms of April income is the S40 with income of 1,738 units last month. While being the second ideal selling Volvo, the S40 also showed reduced income in the United Says and Puerto Rico. Last year during the month of April, Volvo sold 2,109 units of the S40 reflecting a 17.6 percent income decrease for this year’s April. Year to date understanding is also lowered by 10.4 percent. For the first four months of this year, Volvo has sold 7,431 units of the S40. All year though, income for the S40 already reached 8,290 units after the first four months of the year.

Another model which has seen demand decrease for the past month is the S60. The stated model posted the third highest decrease in terms of understanding last month. Sales of the Volvo S60 reached up 1,504 units but that amount is still 20.5 percent lower than the 1,892 S60 units that Volvo sold in April of 2006. Year to date understanding for the S60 also showed a dismal 28 percent decrease compared to last year’s first four months. This year, there are already 5,882 new S60s sold but that is still a far cry from the 8,170 S60s sold for the first fur months of the past year.

Of all the models in Volvo’s lineup, the V70 posted the highest income reduction at 46.1 percent. Last year’s April income for the V70 reached only 464 units and this year it only reached 250 units. Year to date income is also affected with its 37.6 percent slide.

Of the eight models in Volvo’s lineup in the United States, only two posted increased income for the past month – the C70 and the S80. Last month, income for the C70 reached 477 units – a 9.7 percent increase over April 2006’s 435 units. Year to date understanding for the Volvo C70 also showed good promise of a superior future for the Ford-owned Swedish brand. Last year, during the first four months, Volvo only sold 520 units of the C70 while this year, year to date understanding already reached 1,488 units, an increase of 186.2 percent.

Another model showing increased understanding is the S80. From last year’s 922 units sold for the month of April, Volvo reported that they have sold 990 units of the stated model last month by showing an increase of 7.4 percent. Year to date understanding is also increased by 55.2 percent. For the first four months of 2006, Volvo only sold 2,637 units of the S80 while this year, they have already delivered 4,093 units for the first four months.

The complete lineup of Volvo in the United Says is composed of the following: the S40, V50, S60, V70, C70, S80, XC70 and the XC90. All of these are known for their long list of country features and reliable components such as the Volvo fuel pump and other calibre parts.

Glady Reign is a 32 year old is a consultant for an automotive firm based in Detroit, Mi. she is a native of the motor city and grew up around automobiles hence her expertise in the automotive field.

Volvo Expects Sales to Double in China

In 2006, Volvo Automobiles did particularly well in the China auto market with income volumes burgeoning to more than 7,000 units. “We nearly doubled our income volume in 2006, and our aim is to do the same again in 2007,” stated Fredrik Arp, the President and CEO of the Volvo Automobile Corporation.

“To us, China is the most exciting automobile market in the world. It is a vital part of our growth plans, and we believe that in the next five to ten years China will move up to second place in Volvo Cars’ income chart,” stated Arp. “It’s a great honor to host President Hu Jintao during his visit to Sweden and Volvo. This will give us an excellent opportunity to inform him about our automobiles and our plans on how to strengthen our presence in the Chinese market.”

Part of the Swedish maker plan is to build the Volvo S40 in China. Volvo has taken one great leap toward the direction by starting production of the S40 at the Changan Ford Mazda’s works in Chongqing. In the middle of July last year and by the end of 2006, the first S40s rolled off the production line. About 4,000 S40s had been produced in Chongqing and all of them are sold in China.

This year, the maker is targeting for an annual local production volume of about 8,000 units. “The launch of the Volvo S40 produced in China has been successful, both from an industrial point of view as well as from a commercial angle. After working with Changan Ford Mazda for nearly two years, we have ensured that their factory, through cooperation with our own experts, meets our high demands regarding Volvo quality. A Volvo must be a Volvo automobile in all aspects, no matter where it is produced,” stressed Arp.

In the previous years, Volvo has increased the presence of its product lines. Like a automobile with Volvo vent visors, the maker took advantage of a fresh and free-spited air of competition. The S80 sedan and the XC90 SUV are the two crucial automobiles in China. In the previous year, they accounted for more than half the total income volume of the automaker. Additionally, their new versions have prefabricated them even more striking.

The S80, a midsize luxury executive car, was introduced in 1999 as a replacement for the 960/S90 sedan in the automobile maker’s line up. The latest version of the automobile offers true Scandinavian luxury plus other outstanding features to wow more purchasers. It combines a stylish design, luxurious ergonomics and state-of-the-art technology in a catchy, clever and innocuous car.

The Volvo XC90, meanwhile, was first shown in China at Shanghai Motor Show early this year. The refined automobile has also moves Volvo upward in the premium segment. In order to make this flourishing model even more attractive, the sensation of luxurious passenger automobile comfort has been enhanced further still. “Being healthy to offer both models with a V8 engine gives us a much superior position in our quest for the most discerning automobile buyers,” stated Arp.

The new C30 will be launched to the Chinese market in the second half of this year. It is designed to lure new and younger drivers with modern needs. Arp noted, “Both the sporty C30 and the C70, with its exciting looks and spectacular three-piece hardtop, will be great image drivers for us in China this year.”

Currently, the Swedish automakers’ 50 dealers in China are upgrading to expand business in their areas. Over the past twelve months, 20 new or revamped Volvo showrooms were opened. “The expansion in China will continue and further 20 new dealerships will follow shortly,” noted Arp.

Glady Reign is a 32 year old is a consultant for an automotive firm based in Detroit, Mi. she is a native of the motor city and grew up around automobiles hence her expertise in the automotive field.

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