China helps Volvo to improved August sales

Volvo has posted improved global sales results for the month of August thanks to a strong uptick in demand in China.

Volvo announced on Wednesday that its global sales grew by 4.7 percent in August, ending several consecutive months of lower year-on-year sales for the Swedish automaker. However, a slow start to the year has Volvo’s January-August sales off the mark by 2.5 percent.

Volvo’s positive month was largely the result of increased demand in China where sales shot up 65.7 percent to 4,319 vehicles. The automaker also received a surprise boost from Europe in August, with the continent’s sales rising 4.9 percent to 10,770 units.

Volvo continued to falter in the United States, though, with sales slipping 11.9 percent to 5,519 deliveries. Despite that significant drop off, the U.S. retained its position as Volvo’s single largest market.

Volvo posted a solid 50 percent sales gain in Japan last month, but all of Volvo’s other world markets combined for 6,390 sales, a decrease of 4 percent from August 2012.

The XC60 crossover was Volvo’s best-selling model last month, followed by the V40 hatchback and S60 sedan.

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