China passes Sweden as Volvo's No. 2 market
BEIJING -- Volvo Car Corp. sold 8,719 vehicles in China in January and February -- up 31 percent year-on-year, and enough to establish China as Volvo's second-biggest market.
Sales in China were strong enough to outpace Sweden, where Volvo sold 6,847 units in the first two months. The United States, which generated sales of 9,742 units, remains the company's biggest market.
The XC60 SUV led the Swedish automaker's strong sales growth in China. In the first two months, 3,866 units were sold in China, up 110 percent year-on-year, according to Volvo.
Volvo, owned by private Chinese automaker Zhejiang Geely Holding Group Co., expects to start producing vehicles later this year in the southwest China city of Chengdu.Contact Automotive News