Best Sales Archives

Volvo records global surge in demand for its vehicles

The once ailing Swedish automaker is doing quite well in 2017 by announcing impressive sales figures compared to the same period last year. This September alone, Volvo managed to sell 53,674 cars, which is a 11.2% increase compared to the same month last year.

Until the end of September, the company has managed to sell 413,472 vehicles this year alone,which is a steady 9% climb compared to last year’s figures. Volvo has partly attributed this rise in demand to customers interest in its new 90 series vehicles and its newly launched XC60 SUV.

Speaking for the UK market, Jon Wakefield, Managing Director of Volvo Car UK, said, “These impressive figures show that we are well on track for another record year of sales for Volvo. They are a result of the desirability of our cars, and of all the hard work from everyone at Volvo Car and the dealer network.”

Volvo’s largest market, China, recorded an exceptionally good 29.8% sales growth this September compared to the same month last year with 11,544 cars sold. In Asia pacific, sales were up 23.7% in September compared to the same period in 2017, which is said to to be the strongest growth for the brand.

The Swedish automaker says that the Chinese assembled XC60, S60L and S90 models contributed quite a bit to the surge in demand in that particular market. This is understandable considering that its latest crop of vehicles are equipped with the company’s latest tech and incredibly beautiful design language.

https://youtu.be/fatNLD6m21E

In the US, Volvo reported that it achieved a 40.7% increase year-on-year sales for the month of September due to strong demand for the XC90, S90 sedan and XC60. For other regions in the Americas as a whole, demand grew by 36.3% for the month of September.

Since Geely’s acquisition of Volvo, the Swedish marque has been able to turn things around. Thanks to an influx of cash from the Chinese automotive giant, it has managed to throw more capital investment into new technology and vehicles that are able to rival offerings from the likes of BMW, Mercedes-Benz and Audi.

That said, Volvo aren’t done yet, because it has plans of electriying its upcoming models while gradually phasing out its fully fossil fuel-dependent ones by 2019.

Subaru USA claims August as best sales month in company’s history

Subaru USA has reported that August 2017 has been its best sales month in the company’s history. It stated that 63,215 vehicles have been sold in that month which accounts for a 4.6% increase compared to the same period last year.

This marks the first time that the automaker has managed to shift this many vehicles in one month. The previous sales record was in December 2016, when the company sold 63,177 vehicles in total.

This has helped bolster Subaru’s sales yearly figures even further with an 8.1% percent increase with 423,728 vehicles sold, compared to the same period in 2016. This also means that August marked the 42nd consecutive month with 40,000+ vehicle sales for the company.

Demand for models like the Crosstrek, Impreza and Outback were considerably strong, Even its niche sports car, the BRZ, enjoyed a surge in sales compared with August 2016. This means that the trust of US car buyers have in the brand is growing with each passing year.

“It was our 69th consecutive month of yearly, month over month sales increases. Our retailers gave a truly exceptional effort and we are on pace for our 9th consecutive sales record,” said Jeff Walters, senior vice president of sales, Subaru of America, Inc.

“The Crosstrek easily had its best month ever and we welcome the all-new 2018 model with the introduction of its advertising and marketing campaign in September that we know will resonate with customers,” he later added.

Subaru has had a strong presence in the US car market for several decades and is considered one of the most sort after/ trusted Japanese brands. Here in Malaysia, demand for Subaru vehicles have started to increase as well, thanks to enticing new models with relatively affordable price tags.

Ferrari does well in first quarter of 2017

Ferrari has announced that the first quarter of 2017, has been good to them with 2,003 vehicles sold, which is a 6.4% increase compared to the same period last year. The major contributor to this figure was the sales of V12 engine models, which saw a 50% increase in sales compared to the same period last year. The surge in demand for the 12 cylinder engine vehicles off set the 3% decrease in sales experienced by the V8 models. The V12 models that were the most sought after of the lot, where the GTC4Lusso, LaFerrari Aperta and F12tdf.

Besides the sales of fully assembled vehicles, Ferrari is also in the business of selling engines to other manufacturers, racing divisions and Formula One teams. For this quarter, engine revenue increased by 81%, which amounts to RM494 million in total net revenue. This increase can be attributed to strong sales for Maserati models that managed to offset loses due to the termination of an engine partnership between one Formula 1 racing team and Ferrari.

According to the Italian automaker, overall, all regions contributed to its success this year. Market share in Germany, France, Italy and United Kingdom grew at a double digit pace in the first quarter. Ferrari sales in the Americas saw an overall increase of 4.2% with Asia Pacific bolstering sales figures further with a 4.0% increase. China, Hong Kong and Taiwan markets, in total, grew by a commendable 3.2% meaning that demand for Ferrari and sports cars in general, haven’t been hampered by the current uncertain economic climate.

Before this financial year is over, Ferrari plans to ship 8,400 vehicles that include supercar models, which should amount to a net revenue of RM 15.8 billion. Whether or not Ferrari achieves this sales figure remains to be seen, but judging by the current market demand for Maranello’s latest offerings, Ferrari should be able to achieve said targets with relative confidence.

Škoda produces 1.5 millionth Octavia

Today is a very important day for Škoda because it marks the production of the 1.5 millionth third generation Octavia. Based on the Volkswagen MQB platform, the car shares its underpinnings with the Audi A3 Mk3, SEAT Leon Mk3 and Volkswagen Golf Mk7.

“With the Octavia, the rapid development of our company really gathered pace from 1996,” said Michael Oeljeklaus, Board Member for Production and Logistics. “It has been an important pillar of the Škoda portfolio for over two decades. With the third generation of our bestseller, we have seamlessly built on the success story of the first two editions. Much of the credit for the success of the OCTAVIA and the Škoda brand goes to our motivated and highly skilled workforce, which now has 1.5 million reasons to be proud of its achievements.”

The first generation car was a stalwart of the Škoda line-up from 1996 to 2010 bringing in a total sales of 1.4 million cars. The Czech automaker launched the second generation car in 2004 but sold the original alongside it till 2010. And, by the time the mk2 car had been phased out in 2013, Škoda had accumulated a total sales figure of 2.5 million vehicles sold. Its successor joined the line-up in 2012 and by the end of 2016, almost 1.4 million vehicles were produced.

The facelifted version started rolling off the production line in February of this year and is manufactured in the Czech Republic, China, India, Russia, Ukraine and Kazakhstan. It is being offered as a hatchback and an estate version. The front and rear sections of the facelifted car differ from that of the pre-facelift version, which gives rise to a wider track and a more streamlined body.

The new car brings with it a number of improvements in terms of interior space, functionality, technology for safety and comfort as well as value for money. Power outputs of the petrol and diesel engines range from 85bhp to nearly 245bhp and some of these can be ordered with a DSG gearbox and all-wheel drive.

In total, Škoda has sold more than 5 million Octavia vehicles since the launch of the original car in 1996 and it hopes that those numbers will continue to grow larger as the years pass.

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Best Sales

Volvo records global surge in demand for its vehicles

Subaru USA claims August as best sales month in company’s history

Ferrari does well in first quarter of 2017

Škoda produces 1.5 millionth Octavia

Volvo records global surge in demand for its vehicles

Subaru USA claims August as best sales month in company’s history

Ferrari does well in first quarter of 2017

Škoda produces 1.5 millionth Octavia

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