Volvo sales increase by 4 percent in China last month
According to the official statement of the auto manufacturer, its sales have grown up 4 percent in the international auto market owing to increasing demand for the Volvo’s cars in China in October this year.
In October, about 36,127 vehicles were sold everywhere. Sales rose by 50 percent in China, although they fell 7 percent in the American market and 4 percent in the European countries.
Considering that China is one of the largest car markets in the world, Volvo plans to increase selling to 800,000 vehicles by 2020 there.
The Volvo brand aims to reach the luxury carmakers Audi, BMW and Mercedes to attract more investments in development of new models in the future.
In spite of fail of the Volvo S60 and XC60 in the U.S.A. last year, the Volvo Company slowly is increasing its influence in the global auto market.
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