Growth was mainly driven by strong demand in the United States and Europe, combined with a recovery after declining sales in April last year linked to the Covid-19 pandemic.
In China, the company reported a steady increase of 11.6%.
Volvo Cars achieved its 10th consecutive month of sales growth, with the company’s global sales increasing 97.5% in April from the same month last year. In April, Volvo Cars sold a total of 62,724 cars, up from 31,760 cars in the same period last year. Growth was mainly driven by strong demand in the United States and Europe, combined with a recovery after declining sales in April last year linked to the Covid-19 pandemic. In China, where sales returned to growth around the same time last year, the company posted a steady 11.6% increase.
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January-April sales reached 248,422 cars, up 51.8% from the same period last year. Sales of Volvo Cars’ Recharge line of plug-in models, with a fully electric or plug-in hybrid powertrain, remained strong in Europe during April, accounting for 42.0% of the company’s overall sales in Europe. . Globally, Recharge cars accounted for 24.3% of total sales volume.
In the United States, sales rose 185.5 percent in April compared to the same month last year, mainly due to strong demand for the XC90 and XC60. Total sales reached 11,036 cars, an increase from 3,866 in the same period in 2020, when many states implemented door-to-door orders due to the pandemic.
European sales reached 25,816 cars for the month of April, up 178.0 percent from the same period last year. The increase is mainly attributable to markets that began to recover after closures linked to last year’s pandemic, as well as strong increases in sales in the UK, Sweden and Germany.
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China, Volvo Cars’ largest market, recorded solid sales growth in April, with total sales reaching 16,435 cars. The increase was driven by strong demand for the locally assembled XC60 and S90 models.
In April, the XC40 was the best-selling model, with sales of 19,833 cars (2020: 5,708), followed by the XC60 with total sales of 17,925 cars (10,908 units) and the XC90 with 9,371 cars (4,425 units) .
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