The all-time-high sales record is a demonstration of
Volvo Cars also saw a significant increase in sales for its electrified cars. Last year, Volvo Cars sold 113,419 fully electric cars, an increase of 70 per cent compared to 2022, and 152,561 plug-in hybrid cars, which was a 10 per cent increase compared to 2022. Sales of fully electric cars accounted for 16 per cent of all Volvo cars sold globally during 2023.
For the month of December Volvo Cars sold 76,015 cars globally, an increase of 5 per cent compared to the same period in 2022.
European sales reached 294,794 cars during 2023, an increase of 19 per cent compared to 2022.
Sales in
For 2023 the Volvo XC60 was the top-selling model with sales reaching 228,646 cars (2022: 195,338 cars), followed by the XC40, with total sales of 200,670 cars (2022: 169,206 cars), and XC90 at 107,549 cars (2022: 97,130 cars).
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| December | December | Jan-Dec | Jan-Dec |
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| 2023 | 2022 | Change | 2023 | 2022 | Change |
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34,726 | 33,407 | 4% | 294,794 | 247,413 | 19% | |
Recharge | 18,933 | 22,661 | -17% | 172,575 | 135,714 | 27% |
- Fully electric | 8,920 | 10,579 | -16% | 75,476 | 45,690 | 65% |
- Plug-in hybrid | 10,013 | 12,082 | -17% | 97,099 | 90,024 | 8% |
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15,944 | 16,950 | -6% | 170,091 | 162,322 | 5% | |
Recharge | 1,715 | 1,933 | -11% | 15,356 | 12,215 | 26% |
- Fully electric | 249 | 777 | -68% | 3,281 | 2,999 | 9% |
- Plug-in hybrid | 1,466 | 1,156 | 27% | 12,075 | 9,216 | 31% |
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US | 13,609 | 11,111 | 23% | 128,701 | 102,038 | 26% |
Recharge | 3,232 | 3,202 | 1% | 35,657 | 27,909 | 28% |
- Fully electric | 686 | 1,132 | -39% | 13,609 | 7,308 | 86% |
- Plug-in hybrid | 2,546 | 2,070 | 23% | 22,048 | 20,601 | 7% |
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Other | 11,736 | 11,195 | 5% | 115,130 | 103,348 | 11% |
Recharge | 4,581 | 4,030 | 14% | 42,392 | 29,514 | 44% |
- Fully electric | 2,415 | 2,100 | 15% | 21,053 | 10,752 | 96% |
- Plug-in hybrid | 2,166 | 1,930 | 12% | 21,339 | 18,762 | 14% |
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Total | 76,015 | 72,663 | 5% | 708,716 | 615,121 | 15% |
Recharge | 28,461 | 31,826 | -11% | 265,980 | 205,352 | 30% |
- Fully electric | 12,270 | 14,588 | -16% | 113,419 | 66,749 | 70% |
- Plug-in hybrid | 16,191 | 17,238 | -6% | 152,561 | 138,603 | 10% |
For further information please contact:
Volvo Cars Media Relations
+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 2022
For the full year 2022,
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-reports-new-global-sales-record-in-2023,c3904491
https://mb.cision.com/Main/20685/3904491/2523615.pdf
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