Swedish marque posts double-digit growth for YTD and monthly figures

Volvo Car Australia is growing fast this year, with the Swedish luxury brand posting 3026 registrations as of 30 June, an increase of 26 per cent year-to-date (YTD).

A strong result in June (643 units, +14.4 per cent compared to 2017) bolstered Volvo's steady growth this year, spearheaded by the new XC60 SUV, which is the brand's top-selling model currently.

For the month of June the XC60 managed 266 registrations, and currently sits at 1322 YTD. Rounding out the brand's top three sellers for the first half of the year were the XC90 (148/561) and XC40 (126/429).

It's worth noting the XC40 only launched in April, so it's not a bad result considering it's only been on sale for two months.

"Our strong result in 2018 reflects the major investment Volvo has made in design and technology over the past five years," said Nick Connor, managing director for Volvo Australia.

"Globally, Volvo is accepted as a luxury European car brand, and it is very gratifying to see Australian car buyers responding so positively."

While the Swedish brand is recording strong growth in Australia, German rival Mercedes-Benz managed 3768 registrations for the month of June alone, and is sitting at 18,196 YTD – down 5.8 per cent on the same period last year, mind you.