Volvo plans to sell nearly half a million cars in 2011

In 2011, Volvo plans to sell worldwide to 450 thousand cars, reports Reuters referring to the Swedish business publication. Such predictions may be seen only if the brand can keep its current pace of sales.

“Even now we can talk about the sale of 400 000 cars per year” – leads the agency to the director for information Olle Axelsson Volvo. According to him, until the end of the year in the world will be sold to more than 425 thousand cars of this brand.

The best, in terms of sales, Volvo became the year for 2007, when it sold 458 000 323 car. In subsequent years, the global crisis has led to lower demand and a decrease in sales. In 2010, it sold 373 000 cars 525 Volvo.

After the 2010 Volvo brand has acquired a Chinese company Geely, the Swedes announced plans to increase sales in the local market. Thus, the intent of the automaker is building two new factories in China and progress in the Asian market models sold in Europe today. By 2015, “Volvo” plans to sell in the Chinese market 200 thousand cars, while in 2010 there were sold 30 000 cars. Last year, China ranked third among the largest markets for Volvo, it is ahead of the U.S. and Sweden.

In 2010 Russia also entered the top ten markets for the Volvo. It has sold 10 000 650 cars, which is 54 percent more than in the 2009th.