Volvo sold 61,000 cars in China in 2013, up 45.6% compared to 2012.

Volvo sold 61,000 cars in China in 2013, up 45.6% compared to 2012.

尔沃中国2013年销售6.1万辆 同比增45.6%

Chinese sales could continue to grow as Volvo’s new production facility in Chengdu, which recently started making cars, will allow the company to avoid import tariffs on some popular models, leading to more competitive pricing.

Volvo is a niche player in the massive Chinese auto market, but had set a target of reaching 200,000 vehicles by mid-decade after being purchased by Geely. Although Chief Executive Håkan Samuelsson, appointed late last year, has backed away from that target, the company is increasingly dependent on China auto sales for financial stability.