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Volvo's China-made SUVs exported to European market

By Li Fusheng | China Daily | Updated: 2019-07-08 13:35
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The train loaded with XC 60 SUVs arrives in Ghent, Belgium on July 4, 2019. [Photo provided to China Daily]

Yuan Xiaolin, president and CEO of Volvo Cars Asia Pacific, said, "Volvo Cars is the first enterprise in China to transport complete vehicles in Eurasia by railway".

"We have also demonstrated our capability in responding to the needs of global markets and consumers and flexibility in coping with changes in global economic environment and industrial structure."

Volvo reported sales of 340,826 cars in the first half of 2019, up 7.3 percent compared to the same period last year. The automaker said China, the US and Europe all reported a steady growth for the six-month period.

The company saw its highest-ever first half-year sales in China of 67,741 cars, up 10.2 percent year-on-year, despite the overall sluggish passenger car market in the country. Strong demand for the locally produced XC60 and the S90 models led the volume growth in the six-month period. In June, Volvo also set a single-month sales record with 13,238 cars sold.

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