Volvo Cars Feb sales up 12pc as US gives boost

STOCKHOLM: Geely-owned Volvo Car Group said in a statement on Friday its sales rose 12.1 percent year-on year in February boosted by strong growth the US market.

Total sales for the month of February reached 40,930 cars compared to 36,515 a year earlier as the new XC60 and the 90 series cars continued to be the main growth drivers.

Sales in China, Volvo Cars' largest market, increased by 11.1 per cent in February compared to one year ago.

In Europe, Volvo reported a 8.4 per cent increase in sales in February.

In the US market, sales grew by 35.1 percent in February to 6,283 cars after strong sales of the XC90 and new XC60 SUVs.