Published on May 10th, 2021 | by Joshua Chin0
Volvo Global Sales In April 2021 Nearly Double From 2020
A total of 62,724 Volvo cars have been sold around the world in April 2021.
Volvo Cars has recently announced that it had nearly doubled its sales in April 2021 when compared to the same time last year. Delivering a total of 62,724 cars last month, this marks a 97.5% increase in sales as compared to the 31,760 units that made it into the hands of customers during April 2020.
Delving deeper into the figures, there are actually some even bigger numbers to reveal as Volvo sales in Europe and the United States of America surged by some 178% and 185.5% respectively over the month of April this year in comparison to the same time in the year prior. The Swedish automaker sold 25,816 cars in the old continent last month, while 11,036 units were shifted in the new world during the same time.
Now much of these headline stats can attributed to the fact that the Covid-19 pandemic was in full swing around this time period last year, though some of it also points to the recovery of demand for new cars in 2021. Such is evidenced by the fact that the automaker saw a 51.6% increase in sales over the first four months of this year at 248,422 cars sold, as opposed to the 163,249 units leaving dealerships worldwide during the same four month period last year.
According to Volvo, there has been a strong sales increase for its cars back in its domestic market of Sweden, the UK and Germany over the past month. Demand has also been high in China too during this time, with the automaker’s single largest market hankering after the XC60 and S90 models which are locally assembled over there.
Continuing neatly onto the sale of Volvo’s model lineup, its XC40 continues to be the automaker’s best seller in April with 19,833 of these subcompact crossovers finding new owners this month. Rounding up the podium places in terms of sales are its larger SUV siblings, with the mid-sized XC60 in second (at 17,925 cars delivered) and three-row XC90 in third (having sold 9,371 units).
In terms of its electrified Recharge lineup meanwhile, demand continues to be high for these models through the month prior. 42% of total sales in Europe in April 2021 have been Volvos equipped with either a fully-electric or PHEV powertrain, while at the same time this eco-friendly model range accounts for 24.3% of its sales globally.
PRESS RELEASE: Volvo Cars achieved its tenth consecutive month of sales growth as the company’s global sales increased by 97.5 per cent in April, compared with 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. The growth was mainly driven by a strong demand in US and Europe, in combination with a recovery from a sales drop in April last year related to the Covid-19 pandemic. In China, where sales returned to growth around this time last year, the company reported a steady increase of 11.6 per cent.
Sales in the January-April period landed at 248,422 cars, up 51.8 per cent compared with the same period last year.
Sales of its Recharge line-up of chargeable models, with a fully electric or plug-in hybrid powertrain, remained strong in Europe during the month of April, representing 42 per cent of the company’s overall sales in Europe. Globally, Recharge cars accounted for 24.3 per cent of the total sales volume.
In the US, sales increased by 185.5 per cent in April compared with the same month last year, mainly driven by a strong demand for the XC90 and XC60. Total sales reached 11,036 cars, an increase from 3,866 in the same period 2020, when many states implemented stay-at-home orders due to the pandemic.
European sales grew to 25,816 cars for the month of April, up 178 per cent compared to the same period last year. The increase was mainly driven by markets that have started to recover after last year’s pandemic-related shutdowns, as well as a strong sales increase in UK, Sweden and Germany.
China, Volvo Cars’ biggest market, reported a solid sales growth in April, with total sales reaching 16,435 cars. The increase was led by a high demand for the locally assembled XC60 and S90 models.
A detailed break-up of regional sales is given below:
In April, the XC40 was the top selling model with sales of 19,833 cars (5,708), followed by the XC60, with total sales of 17,925 cars (10,908 units), and the Volvo XC90 with 9,371 cars (4,425 units).