Volvo Car USA posts 16.9% growth in February

S60 Inscription

Volvo Car USA sold 9,164 vehicles in February, up 16.9% from 2020 and its ninth consecutive month of year-over-year growth. Year to date, Volvo Car USA is up 23.7% in comparison to the same period last year.

The entire Volvo model lineup was up year-over-year, led by the brand’s luxury SUVs, which accounted for 80% of total sales.

This comes on the heels of the brand’s Moment: Recharge announcement, where the manufacturer announced that by 2030 it plans to become a fully electric car company, phasing out all vehicles with internal combustion engines, including hybrids.

- Sponsor -

Its move to full electrification will also change the way Volvos are currently sold, with its electric models only being available online.

Its Recharge models — fully electric or plug-in hybrid powertrains — continued to grow in February, accounting for 10% of the total sales. Volvo Cars launched its first fully electric car — the XC40 Recharge — in markets around the globe last year. Earlier this year, the company introduced the C40 Recharge, its second pure electric vehicle.

“For the past nine months we’ve grown our sales and market share,” said Anders Gustafsson, senior vice president of Volvo Car Americas and president and CEO of Volvo Car USA. “The strength of our Recharge lineup in particular bodes well for our electrification ambitions, and we’re excited for the C40 Recharge to join our range.”

Volvo Cars currently manufactures the S60 mid-size sedan at its Ridgeville, South Carolina plant. It is expected to begin making the XC90 SUV around 2022.

Stay updated!

Get the latest news and insights into the automotive industry delivered right to your inbox