Volvo Car Group recently released its 2016 sales results. In 2016, Volvo Car achieved a total sales of 534,332 units worldwide, an increase of 6.2% year-on-year. Among them, China has become the source of Volvo's global growth. According to the data, in 2016, Volvo Car sold 90,930 vehicles in the Chinese market, an increase of 11.5%. China remains the largest single market for Volvo Cars in the world.
60 series China's best-selling 90 series all completed in China, the best-selling models are the domestic XC60 and S60L. The XC60, which has been on the market for 8 years, is nearing replacement. Last year, the global sales volume reached 161,092 units. Since its launch in 2008, it has achieved record sales for nine consecutive years. It is reported that this year XC60 will be completed, helping Volvo to accelerate the pace of global revival.
In 2016, another model that sold red was Volvo's 90 Series. The sales of XC90 models increased by 125% compared with 2015, which confirms the success of Volvo's new design language and innovative technology, and lays a solid foundation for the launch of Volvo's new models in the future. The new S90 long-wheelbase version of the new flagship sedan launched in the second half of the year has been sold to the masses, bringing a fresh air to the large and medium-sized luxury sedan market. In 2017, Volvo also introduced the V90 Cross Country travel crossover to China, offering more choices for Chinese consumers.
Strengthening competitive advantage 2017 will promote a variety of new products Volvo Cars released its China manufacturing strategy in 2016, while increasing production capacity, China has become a production and export base for the global market. The Volvo Daqing plant produces the flagship new S90 family. The Chengdu plant produces the current 60 series and the new 60 series. The new 40 series based on the CMA structure is under planning and will be put into operation at the Luqiao plant 350 kilometers south of Shanghai.
As the product manufacturing strategy becomes clearer and clearer, Volvo will complete all product replacements at the speed of two new models each year. In 2017, it will become the product year. Not only will the V90/V90 CC and S90 long-wheelbase three-seat/four-seat models be launched, but also the new XC60 model based on the SPA architecture and the first 40-series based on the CMA architecture – The new XC40 model. The launch of several new heavy cars will help them challenge new sales targets.
In the field of new energy, Volvo Cars released a comprehensive electrification strategy in 2016, which will introduce a plug-in hybrid system in all models. It is expected to launch the first pure electric vehicle by 2019, and it is expected to achieve new by 2025. The cumulative sales of energy vehicles is 1 million units.

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