China expansion sees Volvo Cars hit sales high

Swedish automaker Volvo Cars announced Monday it had beaten its historical sales record in 2014, mainly due to a successful expansion in China. volvo-china-sales-may-458x321

Volvo sold 465,866 cars over the year, a number higher than the company’s previous best from 2007 and 9 percent more than in 2013.

The group, which has belonged to Chinese automaker Geely since 2010, welcomed in a statement the “strong growth in China and western Europe.”

 

Read more: The Local Sweden

Related Posts

  1 comment for “China expansion sees Volvo Cars hit sales high

  1. Torben
    January 12, 2015 at 10:59

    Car manufacturers are commonly referred to by the nationality of its owners, it is therefore inappropriate to refer to Volvo as ‘Swedish automaker’. It should be ‘Chinese automaker Volvo Cars announced…..

Leave a Reply

Your email address will not be published. Required fields are marked *