In 2021, Volvo global car sales increased by 5.6% to 700,000 vehicles with the XC60 the top-selling Volvo model worldwide.
Volvo Cars’ global sales grew by 5.6 percent to 698,693 cars in the full year 2021. Although Europe remained the most important region for Volvo sales, China and the USA were the most important single-country markets. Worldwide, the XC60 and XC40 were the most popular Volvo cars.
Volvo Global Sales in 2021
In full calendar year 2021, Volvo increased worldwide sales by 5.6% to 698,693 deliveries. Sales of Volvo Cars’ Recharge line-up of cars with a fully electric or plug-in hybrid powertrain grew by 63.9 percent. Recharge cars made up 27 percent of the company’s total global sales volume in 2021.
The number of Volvo cars sold online increased by 316 percent in 2021 compared with 2020. This growth was driven by increasing customer demand in combination with a broadened offer in more markets.
Almost 40 percent of all new Volvo cars sold in December were Recharge models, with fully electric cars making up 7.4 percent. In Europe, the share of Recharge cars was almost 60 percent, while in the US it was close to 30 percent of overall sales volumes.
In the United States, the Volvo Car USA sold 122,173 cars in 2021, an increase of 10.9 percent.
Sales in China amounted to 171,676 cars, up 3.0 percent.
In Europe, sales increased by 1.8 percent to 293,471 cars, as strong demand for the company’s Recharge cars supported the sales performance.
Globally, the XC60 continues to be the best-selling Volvo model in 2021, as the company sold 215,635 cars (2020: 191,696) during the year. The XC40 follows in second with total sales of 201,037 cars (2020: 185,406), while the XC90 is the third-best-selling model with 108,231 cars (2020: 92,458).
Volvo Worldwide Sale by Region in 2021
Volvo car sales by major global region were as follows in 2021:
| Â | 2020 | 2021 | Change |
| Â | Â | Â | Â |
| Europe | 288,278 | 293,471 | 1.8% |
| Recharge | 89,951 | 130,557 | 45.1% |
|  – Plug-in hybrid | 85,504 | 113,986 | 33.3% |
|  – Fully electric | 4,447 | 16,571 | 272.6% |
| Â | Â | Â | Â |
| China | 166,617 | 171,676 | 3.0% |
| Recharge | 5,997 | 11,697 | 95.0% |
|  – Plug-in hybrid | 5,963 | 10,792 | 81.0% |
|  – Fully electric | 34 | 905 | 2,561.8% |
| Â | Â | Â | Â |
| US | 110,129 | 122,173 | 10.9% |
| Recharge | 7,251 | 22,820 | 214.7% |
|  – Plug-in hybrid | 57,096 | 16,428 | 131.5% |
|  – Fully electric | 155 | 6,392 | 4,023.9% |
| Â | Â | Â | Â |
| Other | 96,689 | 111,373 | 15.2% |
| Recharge | 12,237 | 24,142 | 97.3% |
|  – Plug-in hybrid | 12,214 | 22,283 | 82.4% |
|  – Fully electric | 23 | 1,859 | 7,982.6% |
| Â | Â | Â | Â |
| Total | 661,713 | 698,693 | 5.6% |
| Recharge | 115,436 | 189,216 | 63.9% |
|  – Plug-in hybrid | 110,777 | 163,489 | 47.6% |
|  – Fully electric | 4,659 | 25,727 | 452.2% |
Global Worldwide Car Sales by Brand in 2021 (Full Year)
Global worldwide sales by brand in 2021:
- Audi
- Bentley
- BMW
- Bugatti
- Caterham
- Cupra
- Daihatsu (see Toyota)
- Ferrari
- Gordon Murray Automotive
- Honda
- Hyundai
- Kia
- Lamborghini
- Lexus (see Toyota)
- Lotus
- Mazda
- Mercedes-Benz
- Mini
- Nissan
- Porsche
- Rolls-Royce
- Seat
- Skoda
- Smart
- Tesla
- Toyota (including Lexus)
- Volkswagen (VW Brand)
- Volkswagen Group
- Volkswagen Group (Battery-Electric Cars)
- Volvo
“Sales” as reported by the various brands generally refer to deliveries and not necessarily sales to the customer or final registration. Terms and definitions may vary.
About Volvo Car Group
Volvo Cars in 2020-2021
For the 12 months between July 2020 and June 2021, Volvo Car Group recorded an operating profit of 22.5 BSEK (14.3 BSEK in 2019). Revenue over the period amounted to 292.1 BSEK (274.1 BSEK), while global sales reached 773,000 cars.
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world, with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.
Volvo Cars aims to provide customers with the Freedom to Move in a personal, sustainable and safe way. This is reflected in its ambition to become a fully electric car maker by 2030 and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040.
As of December 2020, Volvo Cars employed approximately 40,000 full-time employees. Volvo Cars’ head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars’ production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The company also has R&D and design centres in Gothenburg, Camarillo (US), Sunnyvale (US) and Shanghai (China).
