Best Sales Figures 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.

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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.

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.

Mercedes-Benz posts record sales for 2017

Mercedes-Benz has had an extraordinay start to the year by posting record sales figures for the first quarter of 2017. March was the strongest month for the automaker in terms of sales figures, as it posted a growth of 14.8% with 228,296 vehicles being delivered globally.

Overall, Mercedes-Benz sales increased to 16% in total for this quarter by selling 560,625 vehicles so far. So strong was the demand for its vehicles that the company has even gone so far as to say that during the same period, the company was considered the premium-segment market leader in a number of countries including Germany, UK, France, Italy, Switzerland, Japan, South Korea, Australia, Canada and Mexico.

“The E-Class Saloon and Estate continued along their successful path in March with growth of around 65 percent. The bestselling model series of Mercedes-Benz has now been completed with the new E-Class Cabriolet, which we presented to the public at the Geneva Motor Show, right on time for the start of spring,” stated Britta Seeger, Member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Marketing & Sales.

In Europe, the Stuttgart based automaker posted a 10.8% growth for the quarter with 233,329 vehicles sold. For the Asia-Pacific region, a sales growth of 27.4% was seen with 219,418 vehicles sold. In China alone, Mercedes-Benz managed to shift 49,871 vehicles in March which is about a 30% increase in sales. Though it didn’t disclose any specific figures, the company also said that it posed best ever sales figures for the month of March in a number of other countries such as South Korea, Australia and Malaysia.

In North America, things were just as rosy for the automaker with sales reaching 94,142 vehicles amounting to a 7.1% increase. In fact, Mercedes-Benz even achieved record sales in the three countries which make up the region (USA, Canada and Mexico).

It looks like 2017 has been very good to Mercedes-Benz with its E-Class and GLS being among the most popular models. This news should come as no surprise to most people because over the past few years, the German auto giant has been churning out some of the best looking and best performing premium vehicles in the market. But we shall have to wait and see if the interest in the brand manages to gather more momentum for the remaining quarters of it’s fiscal year.

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