In March, sales of Volvo Cars’ Recharge models made up 35.5% of all Volvo cars sold globally during the month. Sales of fully electric cars made up 9% of total sales. In the first quarter, Recharge sales made up 33.6% of total sales, while fully electric cars made up 7.9%.
U.S. sales reached 9,428 cars in March, down 5% compared with the same month last year. In the first quarter of the year, Volvo Cars sold 22,757 cars in the U.S., down 16.5% compared with the same period last year.
European sales in March fell 30.4% to 26,954 cars sold, with Recharge models making up more than half of total European sales during the month. In the first quarter, Volvo Cars sold 65,157 cars in Europe, down 25.6% compared with the same period last year.
In China, sales declined by 22.6% to 12,378 cars in March. In the first quarter, Volvo Cars sold 35,698 cars in China, a decline of 21.1% compared with the same period last year.
Volvo Cars reports sales of 58,677 cars in March, a decline by 22.1% compared with the same month last year. Customer demand remains strong.
In March 2022, the XC60 was the company’s top-selling model with 16,855 cars (2021: 21,186 units), followed by the XC40 with 17,584 cars (2021: 23,958 units) and the XC90 with sales of 9,141 cars (2021: 9,893 units).