Volvo sales 2018 in Australia up 43%

carnut222

Great news for Volvo Australia...not so great for Holden.

From goauto.com.au
In the premium segment, Volvo posted its best result since local assembly in the 1970s, with its volume growing by 43.0 per cent, to 6693 vehicles, thanks to incremental sales from its XC40 small SUV (1588 units) and a stronger return from its XC60 mid-size SUV (2827, +49.5%).

Philia_Bear

How is 6700 vehicles per year even worth having a presence in aussie land?

carnut222

Philia_Bear;c-152824 wroteHow is 6700 vehicles per year even worth having a presence in aussie land?

I'm sure they sell fewer cars in other markets. It must be worth their while or they'd pull out. I fear for Holden to be honest. Makes me a bit sad after 25 years (my whole career) with GM. Of course if Volvo went under we'd all be devastated.

jamesinc

Isn't that still like half a billion dollars in gross revenue?

Philia_Bear

jamesinc;c-152830 wroteIsn't that still like half a billion dollars in gross revenue?

Under 400M based on average sale price
Still its 1.2% of global sales and involves significant effort