Total sales for the first quarter of 2024 amounted to 182,687 cars sold globally, an increase of 12 per cent compared to the same period last year.
"These numbers reflect the strength of our strategy and product diversity - offering fully electric cars alongside plug-in hybrids and mild hybrids in the right mix," says Björn Annwall,
European sales in March grew 33 per cent compared to the same period last year, reaching 39,756 cars. Electrified cars in the region had a similar growth rate of 34 per cent, resulting in 24,856 cars sold. Sales of electrified cars accounted for 63 per cent of all cars sold in
In the US, sales of
Sales in
For
| March | March |
| Q1 | Q1 |
|
| 2024 | 2023 | Change | 2024 | 2023 | Change |
39,756 | 29,957 | 33% | 89,670 | 72,671 | 23% | |
Electrified models | 24,856 | 18,537 | 34% | 54,819 | 45,055 | 22% |
- Fully electric | 14,967 | 8,995 | 66% | 31,237 | 21,047 | 48% |
- Plug-in hybrid | 9,889 | 9,542 | 4% | 23,582 | 24,008 | -2% |
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14,005 | 11,608 | 21% | 37,958 | 36,457 | 4% | |
Electrified models | 1,039 | 1,442 | -28% | 2,443 | 3,830 | -36% |
- Fully electric | 369 | 435 | -15% | 667 | 926 | -28% |
- Plug-in hybrid | 670 | 1,007 | -33% | 1,776 | 2,904 | -39% |
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US | 15,315 | 10,230 | 50% | 30,951 | 26,483 | 17% |
Electrified models | 3,642 | 2,905 | 25% | 8,088 | 7,711 | 5% |
- Fully electric | 351 | 1,038 | -66% | 970 | 2,782 | -65% |
- Plug-in hybrid | 3,291 | 1,867 | 76% | 7,118 | 4,929 | 44% |
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Other | 9,894 | 11,337 | -13% | 24,108 | 27,327 | -12% |
Electrified models | 4,021 | 4,099 | -2% | 9,645 | 10,807 | -11% |
- Fully electric | 2,334 | 2,153 | 8% | 5,297 | 5,314 | 0% |
- Plug-in hybrid | 1,687 | 1,946 | -13% | 4,348 | 5,493 | -21% |
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Total | 78,970 | 63,132 | 25% | 182,687 | 162,938 | 12% |
Electrified models | 33,558 | 26,983 | 24% | 74,995 | 67,403 | 11% |
- Fully electric | 18,021 | 12,621 | 43% | 38,171 | 30,069 | 27% |
- Plug-in hybrid | 15,537 | 14,362 | 8% | 36,824 | 37,334 | -1% |
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For further information please contact:
+46 31-59 65 25
media@volvocars.com
Volvo Cars Investor Relations
+46 31-793 94 00
investors@volvocars.com
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Volvo Cars in 2023
For the full year 2023,
About
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker "VOLCAR B".
"For life. To give people the freedom to move in a personal, sustainable and safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker by 2030 and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040.
As of
https://news.cision.com/volvo-car-ab--publ-/r/volvo-cars-achieves-monthly-sales-record-in-march,c3956259
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