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Volvo Sales July 2020 and YTD

Models July 2020 July 2019 % Year To Date 2020 Year To Date 2019 %
S60 959 1,082 -11.4 % 5,758 9,512 -39.5 %
S90 202 144 40.3 % 646 1,439 -55.1 %
V60 140 86 62.8 % 549 434 26.5 %
V60 CC 447 141 217.0 % 1,977 337 486.6 %
V90 38 27 40.7 % 115 261 -55.9 %
V90 CC 92 41 124.4 % 457 504 -9.3 %
XC40 2,216 2,072 6.9 % 11,736 10,625 10.5 %
XC60 II 2,637 2,426 8.7 % 14,849 16,992 -12.6 %
XC90 2,966 2,776 6.8 % 16,865 18,811 -10.3 %
Total 9,697 8,795 10.3 % 52,952 58,915 -10.1 %
Volvo car USA strengthened its growth position in July 2020, posting 9,697 cars sold – an increase of 10.3 percent over the same period last year. This result marks the second consecutive month of growth for the brand as it maintained its strength amongst consumers.

This interesting story is related, and shows Geely’s (Volvo’s owner) trajectory toward global auto powerhouse.

geely sales chart 1 - Volvo Sales July 2020 and YTD

The yet-to-be-finalised plans for Proton are just one strand of a Geely project to revamp factories at home and abroad using joint platforms it has been perfecting with Volvo since 2013. Geely bought the Swedish brand 10 years ago for $1.8 billion – a deal that raised its international profile and sent shockwaves through the global auto trade.

Senior Geely officials and engineers told Reuters that a project dubbed Compact Modular Architecture (CMA) will allow them to develop, design and build different types of compact cars with similar mechanical layout faster than before – and at lower cost.

https://www.reuters.com/article/us-autos-geely-volvo-focus-idUSKCN256001

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