Volvo Cars sets new global sales record in 2018

The company's sales rose 12.4% to 642,253 cars in 2018, compared with the same period the year before. This is the fifth consecutive year of global sales record for Volvo Cars. In 2017, the company sold 571,577 cars.

The new sales record in 2018 underscores strong demand for Volvo's renewed product portfolio, led by its award-winning SUV lineup, across the core regions of U.S.A, China and Europe. In December the company sold 60,157 cars, up 2.8% compared with the same period last year.