Volvo Cars Reports 8 Per Cent Sales Growth in November
Volvo Cars’ global sales grew in November and reached 63,682 cars, up 8 per cent compared to last year. During January-November, Volvo Cars sold 632,701 vehicles globally, a 17 per cent increase compared to the same period in 2022.
The share of Volvo Cars’ Recharge line-up of chargeable Volvo models ended at 36 per cent during November. Recharge is the overarching brand name for all chargeable Volvo models with a fully electric or plug-in hybrid powertrain. Sales of fully electric cars stood for 16 per cent of all Volvo cars sold globally.
European sales for November reached 26,407 cars, an increase of 2 per cent compared to last year. In November, the number of Recharge cars sold in the region reached 14,653, which comprised 55% of all European vehicles.
Volvo Cars’ US sales amounted to 11,671 cars, up 26 per cent compared to the same month last year. Sales of Recharge cars grew 10 per cent and accounted for 26 per cent of all vehicles sold in the US during November.
Sales in China grew 21 per cent during the month compared to November 2022 and reached 15,178 sold cars. The number of Recharge models sold in China increased by 21 per cent compared to last year’s period.
In November, the Volvo XC60 was the top-selling model, with sales reaching 22,317 (2022: 15,586), followed by the XC40, with total sales at 16,672 cars (2022: 18,188 units), and XC90 at 9,860 vehicles (2022: 8,283 units).
November |
November |
Jan-Nov |
Jan-Nov |
|||
2023 | 2022 | Change | 2023 | 2022 | Change | |
Europe |
26,407 |
25,960 |
2% |
260,068 |
214,006 |
22% |
Recharge | 14,653 | 17,452 | -16% | 153,642 | 113,053 | 36% |
– Fully electric | 6,781 | 8,365 | -19% | 59,775 | 26,746 | 123% |
– Plug-in hybrid | 7,872 | 9,087 | -13% | 66,556 | 35,111 | 90% |
China |
15,178 |
12,580 |
21% |
154,147 |
145,372 |
6% |
Recharge | 1,343 | 1,114 | 21% | 13,641 | 10,282 | 33% |
– Fully electric | 264 | 197 | 34% | 3,032 | 2,222 | 36% |
– Plug-in hybrid | 1,079 | 917 | 18% | 10,609 | 8,060 | 32% |
US |
11,671 |
9,233 |
26% |
115,092 |
90,927 |
27% |
Recharge | 3,038 | 2,764 | 10% | 32,425 | 24,707 | 31% |
– Fully electric | 840 | 1,076 | -22% | 12,923 | 6,176 | 109% |
– Plug-in hybrid | 2,198 | 1,688 | 30% | 19,502 | 18,531 | 5% |
Other |
10,426 |
11,381 |
-8% |
103,394 |
92,153 |
12% |
Recharge | 3,914 | 3,624 | 8% | 37,811 | 25,484 | 48% |
– Fully electric | 2,146 | 2,006 | 7% | 18,638 | 8,652 | 115% |
– Plug-in hybrid | 1,768 | 1,618 | 9% | 19,173 | 16,832 | 14% |
Total |
63,682 |
59,154 |
8% |
632,701 |
542,458 |
17% |
Recharge | 22,948 | 24,954 | -8% | 237,519 | 173,526 | 37% |
– Fully electric | 10,031 | 11,644 | -14% | 94,368 | 43,796 | 115% |
– Plug-in hybrid | 12,917 | 13,310 | -3% | 115,840 | 78,534 | 48% |
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