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Volvo Is UK's Fastest-Growing True Fleet Manufacturer With Sales Up 43% In First Half Of 2019.

12/07/2019

  • Volvo Car UK records 43% increase in true fleet sales in first half of the year – the sector’s biggest in volume terms
  • Growth driven by strong sales across the range, with XC40, XC60 and XC90 the top performers
  • Fleet success contributed to overall Volvo sales increase of 27% in the first six months
  • Volvo Car UK posted a 43% rise in true fleet sales in the first half of the year, making it the fastest-growing brand in the sector by volume.

The company secured more than 8,500 true fleet sales – those excluding Motability, rental, retailer demonstrators and internal cars – from January to June, contributing to the company’s overall success over the period.

30,000 units were sold by Volvo Car UK from January to June, marking an impressive 27% increase in volume on the same period last year, and keeping the company on course to meet its target of 60,000 annual sales by 2020.

Steve Beattie, Head of Business Sales, Volvo Car UK, comments: “The strong increase in true fleet sales is testament not only to our fantastic new product range, but also to the dedication of our fleet team and their unremitting focus on making life easier for our business customers.

“Continued investment in our Business Sales team rubber-stamps our commitment to the fleet sector, and we look forward to continuing the momentum through the second half of the year.”

Following a restructure of its Business Sales team in 2018, Volvo continues to deliver on its promise to support SME and large corporate fleets. Key developments in 2019 include the appointment of a New Business Sales Manager and the launch of a Virtual Sales Team, both of which aim to make life less complicated for businesses who don’t have the time or resources to dedicate to sourcing fleet vehicles.

Volvo has also achieved valuable fleet industry recognition in 2019. The XC40 is notable for becoming the first ever SUV to be named New Company Car of the Year in the Fleet News Awards, voted for by fleet decision makers. It has also picked up the titles of Best Small SUV in the 2019 Great British Fleet Awards and Best Compact SUV in the Business Motoring Awards.

While demand for Volvo’s SUV models continues to dominate fleet sales, other models recorded strong growth in the first six months of the year – and buyers have more new product introductions to look forward to as 2019 continues.

The award-winning XC60 is now available in front-wheel-drive diesel with low emissions and 33% Benefit-in-Kind (BIK) tax for company car drivers, making it a preferred choice for many businesses.

The much-anticipated arrival of the XC40 T5 Twin Engine plug-in hybrid at the turn of the year will add a further option to fleet customers looking to reduce their environmental impact and running costs.