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Volvo Car USA posts 15.2 percent sales growth in December, closes 2020 up 1.8 percent

  • Volvo Car USA sales up 15.2 percent over December 2019 with 14,244 cars sold
  • Brand closes 2020 up 1.8 percent with 110,129 cars sold
  • Volvo Car Canada up 4.2 percent year-over-year in December 2020
  • Latin America region achieves 9.7 percent growth year-over-year in December 2020

 

MAHWAH, NJ (January 5, 2021) Volvo Car USA reported 14,244 cars sold in December, up 15.2 percent over 2019 and its seventh consecutive month of year-over-year growth. The company finished 2020 up 1.8 percent over last year with 110,129 cars sold.

 

Volume was led by the XC90 luxury SUV, which was up 7.2 percent over December 2019. The brand’s other SUV models also posted growth in December, maintaining their strong positions within the Volvo lineup. The XC40 saw another record month with 69.3 percent growth over December 2019, while the XC60 posted 21.3 percent growth in the same period.

 

The brand’s share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – continued to grow, accounting for 12 percent of total December sales.

 

Overall, the entire Volvo Car Americas region delivered sales success in December 2020 up 13.9 percent year-over-year. Volvo Car Canada reported a year-over-year sales increase of 4.2 percent for December and Latin America contributed with an increase of 9.7 percent over December 2019.

 

“Given the challenges our industry faced this year, I am humbled by what our employees and retail partners were able to achieve together,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “Coming off a strong 2019 (up 10 percent over 2018), and navigating the impact of the pandemic, I’m extremely proud we were able to close the year up 1.8 percent in the USA and secure an impressive December result across the Americas region.”

 

 

About Volvo Car USA

Volvo Car USA LLC, (www.volvocars.com/us) is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCUSA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States. For more information please refer to the VCUSA media website at: http://www.media.volvocars.com/us.

 

About Volvo Car Group

Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales of 705,452 cars in 2019 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010.

 

In 2019, Volvo Cars employed on average approximately 41,500 (41,500) full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for APAC is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).

 

Under its new company purpose, Volvo Cars aims to provide customers with the Freedom to Move in a personal, sustainable and safe way. This purpose is reflected into a number of business ambitions: for example, by the middle of this decade it aims for half of its global sales to be fully electric cars and to establish five million direct consumer relationships. Volvo Cars is also committed to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040.

 

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