Volvo Car Australia The market continued its downward trend, highlighting the record high monthly sales results in May this year.
The brand sold 1121 units in the month, up 18.6 percent in May 2021, and thus surpassed the overwhelming supply-driven Audi (941 sales, down 45.4 percent).
Volvo was the third best-selling premium brand last month BMW (2534 sales, down 6.4 percent) and Mercedes-Benz (2282, down 9.7 percent) – improved not only Audi, but also Lexus (680 sales) and Jaguar Land Rover (480).
It also topped the brand’s May sales list ahead of Renault (837), Jeep (615) and Skoda (528).
Apparently the company has less supply problems than its premium competitors from the Swedish (XC90) and Chinese (XC40 and XC60) factories.
The Volvo XC40 tops its premium small SUV market with 613 sales and 30.6 percent market share, well ahead of the Mercedes-Benz GLA and BMW X1. Interestingly, the XC40 recharge electric model accounted for 28 percent of this tally.
The larger XC60 was at number four in its segment with 307 sales, just behind the Mercedes-Benz GLC (312) but ahead of the Lexus NX (231, in some cases with a waiting list of more than a year).
The seven-seater XC90 found 156 buyers in May, number five in the rear segment behind the BMW X5, Mercedes-Benz GLE, Lexus RX and Range Rover Sport, but ahead of Porsche Cayenne and Land Rover Defender.
The Volvo S60 sedan (22 sold in May) and the V60 Cross Country (23) offer much more special, the three main SUVs are still its bedrock vehicles.
The year-to-date Volvo ranks fourth, but is very close to its five-month sales figure (4598, 5.6 percent higher) than Audi (4690, 36.7 percent lower). Volvo if the trend continues Can The year will end as Australia’s number three premium car brand.
In terms of products, the company has expanded the XC40 recharge EV range with a cheaper single motor variant, replacing the now-Axed PHEV model. In addition, the brand new C40 electric crossover is also selling around, with prices starting at আগে 74,990 before on-road.
“May was another outstanding month for Volvo, consistently outperforming its competitors in the luxury segment,” said Stephen Connor, managing director.
“It was an impressive achievement to achieve our biggest sales month record when you consider the overall Australian car market is down 6.4 per cent and the premium segment is down 14.4 per cent.
“Volvo is recording double-digit growth per year which strengthens Volvo’s position as one of the fastest growing and respected luxury car brands in Australia.”
Mr Connor said he wanted to further expand the company’s all-electric range and has been shooting for more than half of its EV sales since 2025.
“The future of Volvo cars is electric, and I plan to lead Australia in our global strategy beyond our global goals.” Dr. Connor. As of April 30, the bank had 60 percent EV and PHV in its outstanding order bank.
The next major cab for Volvo will be the brand new, electric XC90 replacement, which will be released in the final quarter of 2022. It was previewed by Concept Recharge and it will share a platform with the much smoother new Polestar 3.