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Volvo's October sales soared 13.9% from a year earlier, and "price for volume" continued to work.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)11/06 Report--

Volvo Group released its latest sales figures, which continued to surge year-on-year in October after achieving a 6.5% sales increase in September. This has been rising for several months in a row, which is completely different from the performance of the global depressed automobile market. Volvo Group's global sales rose 13.9 percent year-on-year to 60,959 vehicles in October, according to the data. Cumulative sales in the first 10 months of this year were 568,663 vehicles, up 8.1% year-on-year. At this rate, volvo's annual sales will hit another record high this year.

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As the largest single market, China saw the largest increase, with sales of 14039 vehicles in October, up 26.7% year-on-year; followed by the US market with sales of 8807 vehicles, up 20.2% year-on-year; European market sales of 29510 vehicles, up 9.7% year-on-year; sales in other markets of 8603 vehicles, up 4.8% year-on-year; and cumulative sales in China in the first 10 months rose 15.2% year-on-year, with 123,551 new vehicles sold.

Volvo's bestsellers in China still stem from the XC 60 and S 90 models. Even though XC60 has appeared at the top of the complaint list many times, it does not seem to affect its sales. In October, the number of complaints about this model decreased significantly, but it is speculated that the compression of eardrum, earache and explosion of XC60 during driving still cannot be solved. Because the Volvo manufacturer's reply to the complaining user, in addition to "upgrading and improving according to the relevant plan", also informs the customer that the vehicle belongs to the vibration within the normal range and there is no need to worry about the safety and quality of the vehicle.

As a medium-sized car with a size of more than 5 meters, the S90 is priced at 400,000 yuan, but the actual terminal price has been lowered to 300,000 yuan. It had to be said that it was quite attractive to be able to buy medium and large luxury brands at such a price.

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Previously, Volvo is working with the electric merchandise platform, launched a nearly half-price promotion activities, Volvo S60L only 138,000 yuan price. To be honest, such a price really has no bottom line. Even many joint venture brands can't do such a price. It's not just the Volvo S60L that hurts the hearts of older owners.

Of course, it is also because the old S60L has been on the market for too long, and it has not been replaced for nearly 9 years. In today's aesthetic view, this replacement speed has already belonged to the product of the previous era, and there is no market competitiveness. Even if the "fracture" is sold, it will not be sold, and the monthly sales volume is less than 2000.

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In this context, Volvo finally attracted a new generation of S60, the new car map has been published online, and will be launched in December, the new car has no news for the extension. However, with the brand-new styling has gained a lot of market voice, from Volvo S90 can see the effect, I believe it can help Volvo get better sales.

Then the question comes, now the large and medium-sized domestic Volvo terminal price has been reduced to less than 300,000, and the new S60L has not been lengthened and how much should the price be suitable?

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