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Volvo Car USA posts 16.9 percent growth in February year-over-year

  • Volvo Car USA sales up 16.9 percent over February 2020 with 9,164 cars sold
  • Best February result since 2014 and ninth consecutive month of growth
  • US sales up 23.7 percent (+3,317 cars) year-to-date
  • Volvo Car Americas region sales up 13.9 percent year-over-year

 

MAHWAH, NJ (March 2, 2021) Volvo Car USA secured a strong February result of 9,164 cars sold, up 16.9 percent over 2020, and its ninth consecutive month of year-over-year growth. Year-to-date Volvo Car USA is up 23.7 percent, up +3,317 cars 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 80 percent of total sales.

 

On the heels of the brand’s “Moment: Recharge” announcement, its share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – continued to grow, accounting for nearly 10 percent of total February sales. The brand’s performance in California contributed significantly to this number with 30 percent of total sales in the state being Recharge models. 

 

This growth in PHEV sales is an important step toward Volvo’s plan to become a fully electric car company by 2030. During Moment Recharge the company also introduced the new C40 Recharge, which joins the XC40 Recharge as the next pure electric vehicle in its range.

 

Overall, Volvo Car Americas region closed the month up 13.9 percent year-over-year.

 

“For the past nine months we’ve grown our sales and market share,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “The strength of our Recharge lineup in particular bodes well for our electrification ambitions, and we’re excited for the C40 Recharge to join our range.”

 

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.

 

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