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Volvo Car USA posts tenth consecutive month of growth and best March result in 14 years

  • Volvo Car USA sales up 80.9 percent over March 2020 with 9,924 cars sold
  • Tenth consecutive month of growth and best March result since 2007
  • U.S. sales up 39.8 percent (4,437 cars) year-to-date
  • Volvo Car Americas region sales up 92.6 percent year-over-year

 

MAHWAH, NJ (April 1, 2021) Volvo Car USA posted a March sales result of 9,924 cars sold, up 80.9 percent over 2020 when the industry began to see the first effects of the COVID-19 pandemic. This is the tenth consecutive month of year-over-year growth for Volvo Car USA. Year-to-date the brand is up 39.8 percent, an increase of 4,437 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 83 percent of total sales.

 

Across the Americas region Volvo Cars saw a similar result, achieving an overall sales increase of 92.6 percent year-over-year with 125 percent growth in Latin America and 265.3 percent growth in Canada. The brand’s share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – throughout the Americas accounted for 19 percent of total March sales.

 

Volvo Cars also continues to set the benchmark for standard safety systems, announcing yesterday it has earned more single year TOP SAFETY PICK PLUS (TSP+) awards from the Insurance Institute for Highway Safety (IIHS) than any other automaker since the TSP+ honors began in 2013.

 

“It has been a full year since we felt the first impact of the pandemic on our business, and in that time our entire Volvo Cars team has demonstrated tremendous resilience and drive, leading to ten straight months of growth,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “As we look toward the second quarter, we remain confident we will continue this upward trend by continuing to put safety, sustainability, and personal mobility at the center of everything we do.”

 

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

 

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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