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William Maley

July 2015: Volvo Cars of North America, LLC

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Volvo Announces July Sales

  • Strong demand for XC60, XC90 lead to 14.8 percent increase

ROCKLEIGH, N.J. (August 3, 2015) - Volvo Cars of North America, LLC, (VCNA) reported U.S. sales of 5,619 units, a 14.8 percent increase versus July 2014. Year-to-date sales are up 2 percent over the first seven months of 2014.

 

The top seller for the month was the XC60 crossover with 2,146 units sold, a 23.9 percent increase versus July 2014. The all-new XC90 luxury SUV finished the month in the second spot with 1,176 units sold, while strong demand continues.

 

“The positive U.S. sales results for this month is very encouraging and part of the planned growth in the market,” said Lex Kerssemakers, Senior Vice President, Americas. “The XC90 has been extremely well received, coupled with the strong increases for our other models, we are at the forefront of the transformation of our U.S. business.”

 

Following an $11 billion investment, the positive momentum has materialized with the first all-new model off the Scalable Product Architecture (SPA) platform, the XC90, with world-first safety technologies, a new design language, new powertrain architecture and a range of class-leading connectivity services.

 

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    • By William Maley
      Care By Volvo was one of the first new car subscription services to launch. It offered a buyer an XC40 with a yearly allowance of 15,000 miles; maintenance, insurance, and a concierge service for either $600 or $700 per month for 24 months. But the service had some hiccups with various issues dealing with paperwork and not hearing back from dealers. 
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      A key example is having a larger stockpile of vehicles allocated for subscribers. The entire Care by Volvo allotment of XC40s sold out in four months, causing Volvo to push deliveries of new XC40s through the service till next year. Gustafsson admits Care By Volvo is "far away from where we would like to be." But he believes the S60, the next vehicle to be offered through the service will be much smoother.
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      A used-car subscription service "is probably 50 percent of the questions that we receive from our customers and from our retailers," said Gustafsson.
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      View full article
    • By William Maley
      Care By Volvo was one of the first new car subscription services to launch. It offered a buyer an XC40 with a yearly allowance of 15,000 miles; maintenance, insurance, and a concierge service for either $600 or $700 per month for 24 months. But the service had some hiccups with various issues dealing with paperwork and not hearing back from dealers. 
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      Roadshow also asked Gustafsson what's next for Care By Volvo. He revealed that it could be used cars.
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