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Volvo Cars sales up 11.2 pct yr/yr in Sept powered by U.S.,China
October 4, 2017 / 7:25 AM / in 13 days

Volvo Cars sales up 11.2 pct yr/yr in Sept powered by U.S.,China

STOCKHOLM, Oct 4 (Reuters) - Geely-owned Volvo Car Group said in a statement on Wednesday its sales rose 11.2 percent year-on year in September boosted by strong growth in major markets such as the United States and China.

* Volvo says global retail sales in September reached 53,674 cars, up 11.2 pct yr/yr

* Jan-Sept sales up 9.0 pct compared to year earlier, Volvo says on track for a fourth consecutive year of record sales

* Volvo says strong demand for the 90 series cars and the ramping up of new XC60 production continued to be an important factor in the company’s sales growth

* Saw sharpest growth in Americas among main regions, up 36.3 pct, with sales in the United States up 40.7 pct

* Says U.S. business boosted by strong sales of the XC90 SUV, the S90 sedan and the just arrived new XC60 mid-size SUV.

* China, Volvo's largest market, grew 29.8 pct in the month Source text: bit.ly/2hKIPVF (Reporting by Johannes Hellstrom)

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