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Volvo

XC60 performance remains strong, with cumulative brand sales exceeding 100000 yuan

Volvo was once criticized, but since 2018, thanks to the launch of new models, its domestic sales have continued to grow, and its global sales have also continued to rise.

From January to October this year, Volvo's cumulative sales in China reached 107275 vehicles, an increase of 15.2% compared to the same period last year. Global sales of 526062 vehicles increased by 14% compared to the same period last year. The new SUV product line of Volvo is the biggest contributor to achieving such good results.

The design style of Volvo's entire range of young sports has indeed attracted many young consumers to pursue this luxury SUV, especially the performance of the new XC60 is the best. The Volvo XC60 achieved sales of 5896 vehicles in September, ranking fourth on the high-end SUV ranking. Volvo achieved sales of 11080 vehicles in October, an increase of 3.2% year-on-year.

The XC60 was born on Volvo's SPA platform and adopts the latest family style design, inheriting Volvo's usual luxury, safety, and intelligence. The entire vehicle is very durable and won the 2018 "China Car of the Year" award for its excellent comprehensive performance

Not only did SUVs perform well, but the S90 also performed very well in terms of sedans. With the launch of the new generation S60 and domestically produced XC40, it is believed that Volvo will continue its previous strong growth momentum.

Lexus

Hybrid models are selling well, helping sales exceed 100000 yuan again

Lexus is the only luxury brand in China that adopts a fully imported sales method, and has been promoting hybrid models for a long time, which is just in line with the trend of electrification in the Chinese market and has led to a continuous increase in sales.

The sales of Lexus in China in October were 14686 units, an increase of 18% year-on-year. Among them, the sales of the intelligent hybrid model were 4531 units, accounting for 31% of the month's sales. From January to October this year, Lexus' cumulative sales in China reached 132389 vehicles, a year-on-year increase of 23.8%. In the "Japanese Three Musketeers" of the luxury car market, Lexus also lags far behind its two competitors, Acura and Infiniti.

This is the third consecutive year that Lexus has surpassed the 100000 vehicle mark, which is one step closer to Lexus' sales target of 160000.

At present, Lexus has CT, IS, GS, ES, LS and other series in the sedan industry, and multiple vehicle layouts in the SUV industry, such as NX, RX, and LX. With the completion of the replacement of the main model ES, its lineup of models will be further improved. At that time, Lexus' sales are expected to increase again.

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