In February, Volvo Car USA and Canada reported a total sales of 8,774 units, the number representing a 6.3% decrease from the previous year. This outline will deal with the main facts concerning the sales performance of the brand for the month and will be followed by an in-depth investigation into the causes of the fall and the performance of the particular models.
Recharge Models
In February, Volvo Car USA and Canada reported an increase of 6.2% from the previous year and 33.8% of the total sales were Recharge models. Nevertheless, fully electric cars constituted 5.9% of total sales which was accompanied by the year-on-year decrease of 58.3% in this segment. These figures represent the gradual development of the Recharge model adoption within the automotive market.
Sales in the United States
In the United States, Volvo's sales in February amounted to 7,920 cars, which is 7.4% less than last year’s 8,550 units. The Recharge model was a significant part of the sales, which recorded a 5.5% increase compared to the previous year. The data presented above indicate a changing scene in terms of electric and hybrid vehicles which are preferred by American consumers.
The XC60 compact luxury SUV sold the highest number of cars in the US for February, leading with 2,542 cars sold, followed by the XC90 midsize luxury SUV at 2,468 cars sold, and the affordable XC40 small luxury SUV with 1,627 cars sold. The figures below demonstrate the broad acceptance of Volvo's SUV luxury line among US customers.
FAQs
How did Volvo Car USA and Canada perform in February sales?
Volvo sold 8,774 cars, with a 6.3% decrease from the previous year.
What percentage of sales did Recharge models contribute in February?
Recharge models accounted for 33.8%, showing a 6.2% increase from last year.
What was the share of fully electric cars in total sales in February?
Fully electric cars comprised 5.9%, experiencing a 58.3% decrease from the previous year.
How did US sales compare to the same period last year?
US sales were 7,920 cars, down by 7.4% from the previous year.
Which Volvo model was the top seller in the US during February?
The XC60 compact luxury SUV led with 2,542 cars sold, followed by the XC90 and XC40.
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