Volvo start 2021 with record sales | Industry - Car News Feb 2021

INDUSTRY
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16:35 Friday 05 Feb 2021

January saw record sales for Volvo with growth in all major markets, but with China seeing the most spectacular rise.

With 59,588 Volvos sold last month, global sales were up by more than 30 per cent compared to January 2020.
China, Volvo’s biggest market, saw demand for the brand’s products grow by a whopping 91.3 per cent.  In comparison, European sales grew by a more modest 9 per cent in the same period.

Volvo’s strong sales performance relied heavily on its SUV line-up, which accounted for 71 per cent of all vehicles sold, while the share enjoyed by the electrified Recharge models continues to grow.   Almost a quarter of Volvos sold in January were from its range of chargeable cars, a figure which rose to 41 per cent in the European market.

 

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