Retail
Subscription
Advertise
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022
No Result
View All Result
LogisticsGulfNews.com
No Result
View All Result

Al-Futtaim Trading Enterprises Volvo cars wins Excellence Club Competition for a second consecutive year

by Kevin Vaz
April 13, 2023
in Automobiles

Volvo Cars saw Q1-2022 sales improve by 61.5% compared to last year same period

Al-Futtaim Trading Enterprises Volvo Cars wins Excellence Club Competition for a second consecutive year

Al-Futtaim’s Trading Enterprises, the official distributor of Volvo Cars in the UAE, recently announced an encouraging 61.5% increase in Volvo sales in Q1-2022 compared with the same period in 2021.

Globally, Volvo Cars’ plug-in hybrid and fully electric Recharge models remain popular among customers and the share of electrified cars continued to rise. In the first quarter, Recharge sales made up 34 per cent of total sales, whereof fully electric cars made up 8 per cent doubling in the space of the last two quarters.

That share will continue to grow as Volvo increases annual production capacity of fully electric cars to 150,000 units after summer. For the full year 2022, Volvo Cars expects continued high growth of fully electric cars.

Top selling models

In the UAE, 2022’s top selling model are Volvo’s XC60, followed by XC90 and the XC40. A firm favourite among customers, the Volvo XC range’s provides premium SUVs that are versatile, beautifully designed, technologically advanced, and highly safe for drivers and passengers.

Volvo’s Plug-in Hybrid and electrified Recharge sales in the UAE accounted for 7.1 per cent of the total sales in Q1 2022 which has increased by 87.5 per cent compared to same period last year.

Concurrently with this impressive growth, Volvo Cars UAE was also recognised for a second year in the Volvo 2022 Excellence Club Competition. An initiative by Volvo Cars Importers EMEA, the Excellence Club competition was formed to celebrate its best players in the region.

“We are thrilled report impressive growth compared with 2021 whilst also being recognised by Volvo Cars HQ for our unwavering commitment to the brand and our customers in the UAE,” observed Oscar Rivoli, Managing Director, Trading Enterprises.

Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!

Tags: News
ShareTweetShareSend

Related Posts

Automobiles

Al Masaood Bergum Joins Global Architecture and Construction Leaders at Cityscape Global 2023

September 12, 2023
Supporting Abu Dhabi’s Position as a Global Sports Destination Abu Dhabi Sports Council and Al Masaood Automobiles Renew Partnership Agreement
Automobiles

Supporting Abu Dhabi’s Position as a Global Sports Destination Abu Dhabi Sports Council and Al Masaood Automobiles Renew Partnership Agreement

August 21, 2023
Albatha Automotive Group Strengthens Mobility Services Portfolio with Addition of Budget and Payless Car Rental Brands
Automobiles

Albatha Automotive Group Strengthens Mobility Services Portfolio with Addition of Budget and Payless Car Rental Brands

August 14, 2023
Al Masaood Automobiles Supports Yas Links Summer Open in Abu Dhabi
Automobiles

Al Masaood Automobiles Supports Yas Links Summer Open in Abu Dhabi

June 23, 2023
Please login to join discussion

Search

No Result
View All Result

Recent News

HID to Showcase Secure, Sustainable, Future-proof Solutions at GITEX 2023

HID to Showcase Secure, Sustainable, Future-proof Solutions at GITEX 2023

September 21, 2023
Stroetmann on the Road to Fleet Decarbonization with Frigoblock Electric Refrigeration

Stroetmann on the Road to Fleet Decarbonization with Frigoblock Electric Refrigeration

September 21, 2023
Innosive and Luna Media Corporation Forge Strategic Partnership to Drive Innovation in Dubai Web 3 Gaming and Marketing

Innosive and Luna Media Corporation Forge Strategic Partnership to Drive Innovation in Dubai Web 3 Gaming and Marketing

September 20, 2023

LogisticsGulfNews.com, the niche media portal designed for the industry, is deeply committed to representing, serving and promoting the interests of the logistics and supply chain businesses in the region

Recent News

  • HID to Showcase Secure, Sustainable, Future-proof Solutions at GITEX 2023
  • Stroetmann on the Road to Fleet Decarbonization with Frigoblock Electric Refrigeration
  • Innosive and Luna Media Corporation Forge Strategic Partnership to Drive Innovation in Dubai Web 3 Gaming and Marketing

Contact Us

For Editorial Opportunities
editor@logisticsgulfnews.com

For Advertising Opportunities
info@logisticsgulfnews.com

AARYA Media FZC LLC
A- 5805-189, Business Club
Ajman Media City.
P.O Box 29127
Phone: +971 4 368 8464
Ajman- United Arab Emirates

  • About Us
  • Advertise
  • Subscription
  • Contact Us

©️ 2021 Logistics Gulf News. All rights reserved

No Result
View All Result
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022

©️ 2021 Logistics Gulf News. All rights reserved