Volvo Car USA and Canada Reports Sales of 12,446 Cars in October

Volvo Car USA and Canada sold 12,446 cars in October, up 26 per cent over the same period last year, with sales of plug-in hybrid and fully electric ‘Recharge’ vehicles up 34 per cent and 13 per cent, respectively, during the month.

For the first ten months of 2023, the region sold 113,672 cars, an increase of more than 26 per cent compared to last year.

Sales of Recharge models—those with a fully electric or plug-in hybrid powertrain—grew nearly 34 per cent compared to October last year and comprised a 30 per cent share.

The US alone sold 11,296 cars in October, up 19 per cent over the 2022 figure. Sales of Recharge models quadrupled from the same period last year to secure a 27 per cent share of overall volume in the country.

In the first ten months of 2023, US sales of fully electric vehicles increased more than 48 per cent over the same period last year and rose 20 per cent in October, reaching 11 per cent of total sales for the month.

The XC60 compact luxury SUV was the top-selling model in the US, with 3,307 cars sold during the month, followed by the XC90 midsize luxury SUV (2,999 vehicles) and XC40 small luxury SUV (2,764).

Canada sales reached 1,150 cars, up 41 per cent over October 2022, with about half (48.2 per cent) being Recharge models. Sales of fully electric vehicles accounted for more than a third (33.4 per cent) of sales in October, which saw the most Recharge cars ever sold in Canada in a single month.

The XC40 was the most popular model in Canada, with 481 cars sold in October, followed by the XC60 (246 vehicles) and XC90 (185).