Volvo Cars
global sales grew by 5.6 per cent per cent to 698,693 cars in the full year
2021, demonstrating resilience in the face of persistent supply constraints.
The results
also demonstrated the continued popularity of Volvo Cars’ Recharge line-up of
cars with a fully electric or plug-in hybrid powertrain. Sales of Recharge
models grew by 63.9 per cent in 2021, compared with 2020. Recharge cars made up
27 per cent of the company’s total sales volume in 2021.
The number of
Volvo cars sold online increased by 316 per cent in 2021 compared with 2020.
This growth was driven by increasing customer demand in combination with a
broadened offer in more markets.
The company
recorded 64,436 retail deliveries in December, a decline of 18.1 per cent
compared to the same month 2020. The result was significantly influenced by
continued component supply shortages, which affected production and
consequently deliveries to customers. The demand for Volvo Cars’ products
remained strong.
Almost 40 per
cent of all new Volvo cars sold in December were Recharge models, whereof fully
electric cars made up 7.4 per cent. In Europe, the share of Recharge cars was
almost 60 per cent, while in the US it was close to 30 per cent of overall
sales volumes.
In the United
States, the company sold 122,173 cars last year, an increase of 10.9 per cent
compared to 2020. In December, Volvo Cars sold 10,793 cars in the US.
Sales in
China amounted to 171,676 cars, up 3.0 per cent compared to 2020. During
December, Volvo Cars sold 14,642 cars in China.
In Europe,
year-to-date sales increased by 1.8 per cent to 293,471 cars, as strong demand
for the company’s Recharge cars supported the sales performance. In December,
Volvo Cars sold 28,561 cars in Europe.
Globally, the
XC60 continues to be the best-selling model for the company in 2021, as the
company sold 215,635 cars (2020: 191,696) of the model during the year. . The
XC40 follows in second with total sales of 201,037 cars (2020: 185,406), while
the XC90 is the third-best selling model with 108,231 cars (2020: 92,458).
|
|
December |
|
|
January-
December |
|
|
|
|
2020 |
2021 |
Change |
2020 |
2021 |
Change |
|
|
|
|
|
|
|
|
|
Europe |
33,633 |
28,561 |
-15.1% |
288,278 |
293,471 |
1.8% |
|
Recharge |
14,419 |
16,513 |
14.5% |
89,951 |
130,557 |
45.1% |
|
-
Plug-in hybrid |
11,228 |
13,259 |
18.1% |
85,504 |
113,986 |
33.3% |
|
-
Fully electric |
3,191 |
3,254 |
2% |
4,447 |
16,571 |
272.6% |
|
|
|
|
|
|
|
|
|
China |
18,584 |
14,642 |
-21.2% |
166,617 |
171,676 |
3.0% |
|
Recharge |
939 |
1,610 |
71.5% |
5,997 |
11,697 |
95.0% |
|
-
Plug-in hybrid |
905 |
1,416 |
56.5% |
5,963 |
10,792 |
81.0% |
|
-
Fully electric |
34 |
194 |
470.6% |
34 |
905 |
2,561.8% |
|
|
|
|
|
|
|
, |
|
US |
14,244 |
10,440 |
-26.7% |
110,129 |
122,173 |
10.9% |
|
Recharge |
1,865 |
2,977 |
59.6% |
7,251 |
22,820 |
214.7% |
|
-
Plug-in hybrid |
1,765 |
2,222 |
25.9% |
7,096 |
16,428 |
131.5% |
|
-
Fully electric |
100 |
755 |
655.0% |
155 |
6,392 |
4,023.9% |
|
|
|
|
|
|
|
|
|
Other |
12,255 |
10,793 |
-11.9% |
96,689 |
111,373 |
15.2% |
|
Recharge |
2,332 |
2,745 |
17.7% |
12,237 |
24,142 |
97.3% |
|
-
Plug-in hybrid |
2,309 |
2,179 |
-5.6% |
12,214 |
22,283 |
82.4% |
|
-
Fully electric |
23 |
566 |
2,360.9% |
23 |
1,859 |
7,982.6% |
|
|
|
|
|
|
|
|
|
Total |
78,716 |
64,436 |
-18.1% |
661,713 |
698,693 |
5.6% |
|
Recharge |
19,555 |
23,845 |
21.9% |
115,436 |
189,216 |
63.9% |
|
-
Plug-in hybrid |
16,207 |
19,076 |
17.7% |
110,777 |
163,489 |
47.6% |
|
-
Fully electric |
3,348 |
4,769 |
42,4% |
4,659 |
25,727 |
452,2% |
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