DOMASCO Proudly Announces New Global Sales Record for Volvo Cars
Doha Marketing Services Company WLL (DOMASCO), the exclusive distributor of Volvo cars in Qatar, has announced that Volvo cars has set a new, sixth consecutive global sales record in 2019, breaking the 700,000 cars sold mark for the first time in its 93-year history.
The company recorded sales of 705,452 cars in 2019, an increase of 9.8% compared to 2018, outgrowing the overall market across all regions.
Faisal Sharif, Managing Director at DOMASCO, said they are very proud of Volvo’s unprecedented sales record for 2019 and for its continued success around the world.
The Qatari market certainly had a role to play in this achievement by an increase in sales and the positive feedback that we have received from our loyal clients. We hope this will be an encouragement for another successful year ahead.’
The new sales record is underpinned by continued strong demand for Volvo Cars’ award-winning line-up. Its three SUV models served as a particular highlight as the company gained market share in China, the US and Europe amid stagnating car markets.
The company also registered strong demand for its electrified vehicles, both in terms of registered sales and retail orders. Overall, Volvo Cars sold 45,933 plug-in hybrid models in 2019, an increase of 22.9% compared to 2018 and more than double the number in 2017.
Illustrating the strength of its portfolio and its sales performance in 2019, Volvo Cars surpassed the previous full-year sales record of 642,253 cars in 2018, nearly a full month before the end of the year. December was the company’s best ever sales month, with a 23.4% year-on-year increase to 74,239 cars sold.
The XC60 SUV continues to be the best-selling car for the company globally, followed by the XC40 and XC90. Sedans and estates in the 90 and 60 series also contributed to volume growth in China and Europe, respectively.
In 2019, XC60 was the top selling model with sales of 204,965 cars (2018: 187,339 cars), followed by the XC40 at 139,847 cars (2018: 75,828 cars) and the XC90 with sales of 100,729 (2018: 94,182 units).
Visit their showroom at Khalifa street to see the bestselling Volvo SUVs in Qatar. For more information, call 4424 6860 or visit the official Volvo website at volvocars.com.