Volvo Announces May Sales in China Grew 82% Year-Over-Year

- Volvo Announces May Sales in China Grew 82% Year-Over-Year



Jun 7, 2011

The Volvo Car Corp. said Tuesday its sales in China grew 82% to 4,019 vehicles in May, making the country the company's third largest market after the U.S. and Sweden.

Sales also surged in the U.S., to 7,363 cars, up 58%, and in Sweden, where sales hit 5,257 in the month.

The automaker's global sales were 41,465, an increase of 42% from May of 2010.

So far this year the company has sold 185,933 cars, a 20% increase from the same period in 2010.

Volvo cited strong demand for its 60 series, including the Volvo XC60, S60, and the V60 in announcing last week its decision to hire 600 workers and increase production at the company's plants in Sweden and in Belgium.

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