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Volvo Car USA reports 2021 sales up 10.9% with a 3x increase in Recharge EV and PHEV models

  • Volvo Car USA reported 122,173 cars sold in 2021, up 10.9% from 2020
  • 2021 saw 22,820 sales of Recharge (EV and PHEV) models, up 214.7% over 2020
  • Volvo Car Americas reported 149,551 cars sold in 2021, up 12.6% with 23.5% Recharge share

 

MAHWAH, NJ (January 5, 2022) Volvo Car USA reported 122,173 cars sold in 2021, up 10.9 percent over 2020, with a more than three-fold increase in Recharge (EV and PHEV) model sales.

Sales of the brand’s Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – more than tripled, increasing 214.7 percent over 2020 with 22,820 cars representing 18.7 percent of total U.S. sales. In California, Recharge models accounted for 50 percent of Volvo Car USA’s sales in the state. In December Volvo Car USA sold 2,977 Recharge models nationwide, representing 28.5 percent of total sales, a 59.6 percent increase over 2020.

Volume was led by the XC60 luxury compact SUV with 41,582 cars sold, up 30 percent over 2020. The brand’s other SUV models also posted growth in 2021, maintaining their strong positions within the Volvo lineup. The XC90 and XC40 each saw 13 percent growth over 2020.

Overall, the entire Volvo Car Americas region delivered sales growth in 2021, up 12.6 percent over 2020 with 149,551 cars sold. Volvo Car Canada reported a year-over-year sales increase of 20.5 percent, with the same increase across Latin American markets. A total of 35,190 Recharge models were sold, 23.5 percent of total volume and a 194.4 percent increase over 2020.

“Despite persistent industry challenges in 2021, consumer demand for our products remained strong and I would like to thank our retail partners, the Volvo Car team and loyal customers for their continued commitment to Volvo Cars,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. “I’m pleased to see the popularity of Recharge models continuing to grow in the Americas region and account for almost a quarter of our sales in 2021.”

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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