Volvo Cars continue the strong sales trend from 2020 and sell more and more cars.
During the first two months of the year, the car giant’s sales increased by 29 percent, compared to last year.
And the interest in electric cars and plug-in hybrids is growing.
In total, Volvo Cars sold 110,000 cars globally in January and February. That is 29 percent up against the same period last year.
The largest increase was in China. There, Volvo Cars sold just over 29,000 cars in January and February, an increase of 160 percent compared to last year. The large increase is explained by the fact that China was hit hard by the corona pandemic in early 2020.
In Europe, just under 49,000 cars were sold, an increase of five percent. Growth is driven, among other things, by increased sales in Sweden.
In the US, the increase was 23 percent to just over 17,000 cars.
More people buy electric cars and plug-in hybrids
In other sales markets, Volvo sold a total of 15,000 cars in January and February, up seven percent by 2020.
The car giant also reports that interest in electric cars and plug-in hybrids continues to increase. That segment accounted for 26 percent of global sales and 44 percent of European sales.
The new sales figures follow the trend from the second half of 2020, which was Volvo Cars’ best half-year ever in terms of sales. After a tough first half year due to the pandemic, the car giant picked up the entire loss that has happened in China and the USA. Sales of 391,751 cars were an increase of 7.4 percent compared to the same period in 2019.
In total, Volvo Cars sold just over 660,000 cars throughout 2020.