MAHWAH, NJ (February 2, 2021) Volvo Car USA kicked off 2021 with a strong January sales result of 8,151 cars, up 32.4 percent over 2020, and its eighth consecutive month of year-over-year growth.
The Volvo lineup of luxury SUVs continued to show strength, accounting for 79 percent of total sales. The XC40 luxury SUV led the brand in sales volume, up 34.8 percent over January 2020. The XC60 and XC90 SUVs also posted growth in January improving 26.4 and 25 percent, respectively, over the same period.
The brand’s share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – accounted for 8.2 percent of total January sales. The brand’s performance in California contributed significantly to this number with 31.6 percent of total sales in the state being Recharge models.
Overall, Volvo Car Americas region closed the month up 24.3 percent year-over-year.
“After a great close to 2020, Volvo Cars continued and accelerated our momentum into a new year,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “Our January result reflects our ambition to make 2021 another year of growth by continuing to offer customers exciting vehicles that protect them and the world around them.”
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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