Volvo (China) sales increased 81% y-o-y H1

Volvo (China) Motor Corp announced 2007 H1 sales, Volvo cars sold in China increased 81% year on year. Especially, S40 monthly sales are increasing since the hot model was introduces in the beginning of this year.

In The past two years, Volvo business in China has been on fast track and maintained a growth rate of more than 50%. In Q1, Volvo Cars sales in China have increased 61%.

Volvo Corp. has always attached great importance to the Chinese market. In March this year, Volvo set a CEO post directly under the charge of HQ in China for the first time.