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Discussion Starter · #1 ·
Volvo Cars global sales up by 97.5 per cent in April

May 04, 2021 ID: 281262

Volvo Cars achieved its tenth consecutive month of sales growth as the company’s global sales increased by 97.5 per cent in April, compared with the same month last year.

In April, Volvo Cars sold a total of 62,724 cars, up from 31,760 cars in the same period last year. The growth was mainly driven by a strong demand in US and Europe, in combination with a recovery from a sales drop in April last year related to the Covid-19 pandemic. In China, where sales returned to growth around this time last year, the company reported a steady increase of 11.6 per cent.

Sales in the January-April period landed at 248,422 cars, up 51.8 per cent compared with the same period last year.

Sales of its Recharge line-up of chargeable models, with a fully electric or plug-in hybrid powertrain, remained strong in Europe during the month of April, representing 42 per cent of the company’s overall sales in Europe. Globally, Recharge cars accounted for 24.3 per cent of the total sales volume.

In the US, sales increased by 185.5 per cent in April compared with the same month last year, mainly driven by a strong demand for the XC90 and XC60. Total sales reached 11,036 cars, an increase from 3,866 in the same period 2020, when many states implemented stay-at-home orders due to the pandemic.

European sales grew to 25,816 cars for the month of April, up 178 per cent compared to the same period last year. The increase was mainly driven by markets that have started to recover after last year’s pandemic-related shutdowns, as well as a strong sales increase in UK, Sweden and Germany.

China, Volvo Cars’ biggest market, reported a solid sales growth in April, with total sales reaching 16,435 cars. The increase was led by a high demand for the locally assembled XC60 and S90 models.

A detailed break-up of regional sales is given below:

April January- April
20202021Change20202021Change
Europe9,28525,816178 %79,878113,36641.9%
China14,72416,43511.6%35,50461,67773.7%
US3,86611,036185.5%23,35138,27563.9%
Other3,8859,437142.9%24,91635,10440.9%
Total31,76062,72497.5%163,649248,42251.8%

In April, the XC40 was the top selling model with sales of 19,833 cars (5,708), followed by the XC60, with total sales of 17,925 cars (10,908 units), and the Volvo XC90 with 9,371 cars (4,425 units).
 

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Discussion Starter · #2 ·
Volvo Cars - Retail Sales By Car Model - April 2021

ModelsApril 2021April 2020%Year To Date 2021Year To Date 2020%
S60 III4,2801,961118.3 %18,3409,22298.9 %
S60L0772--2,640-
S904,3253,18335.9 %16,36910,33858.3 %
V400124-211,566-98.7 %
V40 CC122-95.5 %4363-98.9 %
V6000--10-
V60 CC00--2-
V60 CC II1,21383445.4 %5,9654,96320.2 %
V60 II3,9502,45061.2 %17,36516,0178.4 %
V9091370629.3 %4,6404,4743.7 %
V90 CC91366736.9 %4,0763,46317.7 %
XC4019,8335,708247.5 %77,37939,97693.6 %
XC60 II17,92510,90864.3 %70,62747,83847.6 %
XC90 II9,3714,425111.8 %33,63622,75247.8 %
Total62,72431,76097.5 %248,422163,62451.8 %
 

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Discussion Starter · #3 ·
Volvo Car USA posts best April sales in company history

May 03, 2021 ID: 281267

  • Volvo Car USA sales up 185.5 percent over April 2020 with 11,036 cars sold
  • Eleventh consecutive month of growth and highest April result ever recorded
  • U.S. sales up 63.9 percent (7,170 cars) year-to-date
  • Volvo Car Americas region sales up 200.6 percent year-over-year

MAHWAH, NJ (May 3, 2021) Volvo Car USA set a new April sales record with 11,036 cars sold, up 185.5 percent over 2020 when the industry continued to see the onset of the COVID-19 pandemic. This is the eleventh consecutive month of year-over-year growth for Volvo Car USA. Year-to-date the brand is up 63.9 percent, an increase of 7,170 cars sold over the same period last year.

The entire Volvo model lineup was up year-over-year, led by the brand’s luxury SUVs, which accounted for 89 percent of total sales. Notably XC60 and XC40 sales were up year over year by 242.8 percent and 190.8 percent, respectively.

The brand’s share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – continued to grow, accounting for 15.7 percent of total April sales. Recharge sales in California continue to represent the largest share in the US market accounting for 47.5 percent of sales in the state.

April also saw Volvo Car USA recognized with numerous industry awards and accolades including:


Across the Americas region Volvo Cars achieved an overall sales increase of 200.6 percent year-over-year with 320.8 percent growth in Latin America and 303.5 percent growth in Canada.

“With the best April sales month on record, Volvo Car USA continues to experience extraordinary momentum going in to the second quarter,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “Our sustained rebound speaks volumes to our award-winning product lineup, retailer network partners and our resilient team.”

Media may visit www.media.volvocars.com/us for a breakdown of sales by model.

United States - Retail Sales By Car Model - April 2021


ModelsApril 2021April 2020%Year To Date 2021Year To Date 2020%
S60805389106.9 %4,3593,02444.1 %
S9057537.5 %36722265.3 %
V603239-17.9 %27520335.5 %
V60 CC23978206.4 %1,05978435.1 %
V90218162.5 %10433215.2 %
V90 CC403033.3 %24119026.8 %
XC402,704930190.8 %8,5084,90073.6 %
XC60 II3,6101,053242.8 %11,5006,62273.7 %
XC903,5281,286174.3 %11,8627,37360.9 %
Total11,0363,866185.5 %38,27523,35163.9 %
 

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Tremendous growth, very excited. I hope they can move to take more market share in China, the opportunity in that market is absolutely tremendous. In the US, 8 in every 10 people have cars while in China it's only about 2.5 people per 10 that own a car. As their economy continues to boom, demand will continue to rise, as long as Volkwagen can keep their fingers out of the market share there
 

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Discussion Starter · #5 ·
Tremendous growth, very excited. I hope they can move to take more market share in China, the opportunity in that market is absolutely tremendous. In the US, 8 in every 10 people have cars while in China it's only about 2.5 people per 10 that own a car. As their economy continues to boom, demand will continue to rise, as long as Volkwagen can keep their fingers out of the market share there
The marketing challenge in China is people choose Germany brands blindly solely because VW and Audi has a long history and well known there. BMW and Merc are also symbols of higher level there. Scandinavian style also is not popular there.
 

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We weren't legally able to sell cars for most of the month in my state last year. Growth is always good, but statistics are hard to trust =-D
 

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Discussion Starter · #7 ·
We weren't legally able to sell cars for most of the month in my state last year. Growth is always good, but statistics are hard to trust =-D
62k cars in April, looks back to normal level and hope to deliver 700-800k cars annually. A few more years to reach 1million.
 
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