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Volvo Cars reports sales of 54,317 cars in October

Volvo Cars today reported sales of 54,317 cars in October, up 6.9 per cent compared with the same month last year. Overall underlying demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in hybrid cars.

The company’s line-up of Recharge models represented 36.8 per cent of the sales last month, with fully electric cars accounting for 15 per cent of total sales.

During the January-to-October period, Volvo Cars’ retail sales reached 483,304 cars, down 16.9 per cent compared to the same period last year.

European sales for October reached 22,030 cars, down 0.4 per cent compared to the same month last year. Sales of Recharge cars accounted for 64.9 per cent of the total sales in the region during the month.

Volvo Cars’ US sales for the month reached 9,478, up 8.9 per cent compared with October last year, with Recharge models making up 26.7 per cent of the total sales.

China sales increased by 36.7 per cent in October to 15,048 cars compared with the same month last year, with Recharge models amounting to 6.1 per cent of total sales.

Volvo Cars’ top-selling model for the month was the XC60 with sales of 17,531 cars (2021: 15,399 units), followed by the XC40 at 14,883 cars (2021: 13,987) and the XC90 at 7,651 cars (2021: 8,639 units).

 

 

 

January- October

 

 

 

October

 

 

 

 

 

 

2022

2021

Change

2022

2021

Change

 

 

 

 

 

 

 

Europe

22,030

22,124

-0.4%

188,046

242,495

-22.5%

Recharge

14,287

10,369

37.8%

95,601

102,375

-6.6%

 – Plug-in hybrid

8,115

8,712

-6.9%

68,855

90,836

-24.2%

 – Fully electric

6,172

1,657

272.5%

26,746

11,539

131.8%

 

 

 

 

 

 

 

China

15,048

11,006

36.7%

132,792

143,616

-7.5%

Recharge

917

1,230

-25.4%

9,168

8,394

9.2%

 – Plug-in hybrid

837

1,142

-26.7%

7,143

7,844

-8.9%

 – Fully electric

80

88

-9.1%

2,025

550

268.2%

 

 

 

 

 

 

 

US

9,478

8,701

8.9%

81,694

104,066

-21.5%

Recharge

2,528

2,102

20.3%

21,943

18,131

21.0%

 – Plug-in hybrid

1,693

1,295

30.7%

16,843

12,906

30.5%

 – Fully electric

835

807

3.5%

5,100

5,225

-2.4%

 

 

 

 

 

 

 

Other

7,761

8,984

-13.6%

80,772

91,287

-11.5%

Recharge

2,265

2,285

-0.9%

21,860

19,168

14.0%

 – Plug-in hybrid

1,204

1,996

-39.7%

15,214

18,217

-16.5%

 – Fully electric

1,061

289

267.1%

6,646

951

598.8%

 

 

 

 

 

 

 

Total

54,317

50,815

6.9%

483,304

581,464

-16.9%

Recharge

19,997

15,986

25.1%

148,572

148,068

0.3%

 – Plug-in hybrid

11,849

13,145

-9.9%

108,055

129,803

-16.8%

 – Fully electric

8,148

2,841

186.8%

40,517

18,265

121.8%

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