MAHWAH, NJ (January 5, 2023) Volvo Car USA today reports sales of 102,038 cars for the full year 2022, down 16.5 percent compared with last year. The share of fully electric Volvo cars reached 7.2 per cent during the year, up 14.3 percent over last year.
Full year sales performance was affected by challenges across the supply chain as well as production restraints caused by component shortages and Covid-related lockdowns in China while the demand for the company’s cars remained robust.
In the month of December, Volvo Car USA sold 11,111 cars, up 6.4 percent compared with the same month last year.
The share of overall Recharge cars -- those with pure electric and plug-in hybrid powertrains -- reached 29 percent during December 2022. Fully electric cars accounted to ten percent of sales and grew 50 percent, making it the best month ever for BEVs.
As a whole, the Americas Region sold 38,538 Recharge cars last year, a 9.5 percent increase over 2021. Recharge models accounted for a third of overall sales in December, with 13,323 cars sold.
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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.
