Volvo Cars Reports Sales of 45,952 Cars in May

Volvo Cars today reported retail sales of 45,952 cars in May, down 28.3 per cent compared with the same month last year. Demand for the company’s cars remains strong, especially for its Recharge line-up of electrified vehicles.

In May, the share of fully electric cars grew from last year to 7.9 per cent. Sales of Recharge models represented 33.6 per cent of total sales, an increase of 10 percentage points compared with the same month in 2021.

During May, the COVID-19-related lockdowns in eastern China continued to add more stress to already strained global supply chains, resulting in loss of production. The company has recently seen an improvement in supply with a gradual easing of restrictions, allowing for a slight improvement in production volumes. The expectation is that production will progressively increase.

Orders for fully electric Volvo cars continue to increase. However, the lockdowns have impacted the production of fully electvehiclescars in the second quarter. This will negatively affect the share of fully electric cars being delivered in the third quarter.

European sales for May reached 18,752 cars, down 24.3 per cent compared with last year’s same month. Sales of Recharge cars accounted for 47 per cent of the total sales in the region during the month.

Volvo Cars’ US sales for the month reached 9,372, down 29.1 per cent compared with May last year, with Recharge models making up 35.7 per cent of the total sales.

China sales declined by 43.8 per cent in May to 9,488 cars compared to the same month last year.

Volvo Cars’ top-selling model for the month was the XC60 with sales of 15,177 cars (2021: 19,835 units), followed by the XC40 at 12,097 vehicles (2021: 20,350) and the XC90 at 8,790 vehicles (2021: 9,962 units).

Volvo Cars’ top-selling model for the month was the XC60 with sales of 15,177 cars (2021: 19,835 units), followed by the XC40 at 12,097 vehicles (2021: 20,350) and the XC90 at 8,790 vehicles (2021: 9,962 units).

May			January- May
	2022	2021	Change	2022	2021	Change
Europe	18,752	24,761	-24.3%	103,731	138,127	-24.9%
Recharge	8,813	9,850	-10.5%	53,120	56,604	-6.2%
– Plug-in hybrid	6,966	8,488	-17.9%	40,949	50,927	-19.6%
– Fully electric	1,847	1,362	35.6%	12,171	5,677	114.6%
China	9,488	16,895	-43.8%	53,765	78,572	-31.6%
Recharge	547	749	-27%	4,374	3,374	29.4%
– Plug-in hybrid	404	709	-43%	3,599	3,134	14.8%
– Fully electric	143	40	257.5%	768	240	220%
US	9,372	13,221	-29.1%	42,151	51,496	-18.1%
Recharge	3,348	2,750	21.7%	13,787	7,600	81.4%
– Plug-in hybrid	2,541	1,805	40.8%	10,529	6,002	75.4%
– Fully electric	807	945	-14.6%	3,258	1,598	103.9%
Other	8,340	9,234	-9.7%	41,750	44,338	-5.8%
Recharge	2,737	1,843	48.5%	12,042	9,419	27.8%
– Plug-in hybrid	1,882	1,791	5.1%	8,157	9,234	-11.7%
– Fully electric	855	52	1,544.2%	3,885	185	2000%
Total	45,952	64,111	-28.3%	241,397	312,533	-22.8%
Recharge	15,445	15,192	1.7%	83,316	76,997	8.2%
– Plug-in hybrid	11,793	12,793	-7.8%	63,234	69,297	-8.7%
– Fully electric	3,652	2,399	52.2%	20,082	7,700	160.8%

• Bentayga S Makes its Middle East Debut
• 2022 Brand New Lamborghini Urus For Sale in Belgium
• Car Maintenance Tasks You Can Do Yourself
• Turbocharger Problems and How to Identify Them
• Prince Albert II of Monaco Drives the All-New McLaren Artura for an Honorary Lap of the Monaco Grand Prix

---

For all the latest automotive news, reports, and reviews, follow us on Twitter, like us on Facebook, subscribe to our YouTube page, and follow us on Instagram, which is updated daily.

---

Think Your Friends Would Be Interested? Share This