The beginning of the new year is an opportunity for various manufacturers to take stock of the past year and their commercial performance in a generally growing market. On the side Volvothe Swedish firm recorded a 15% increase in sales compared to 2022, setting a new record for annual global sales, i.e. 708,716 cars in 2023.

These results are partly based on the success of electrified Volvos, which were sold in 2023 113,419 100% electric modelswhich is a 70% increase compared to 2022 and also 152,561 plug-in hybrid (+10% compared to 2022). 100% electric vehicles accounted for 16% of Volvo’s global sales in 2023.

Volvo: sales growth in 2023

In detail, in EuropeIn 2023, Volvo sold 294,794 cars, which is 19% more than the previous year. Electric models (electric or plug-in hybrid) make up at least 59% of sales on the Old Continent.

in Franceduring 2023, Volvo recorded a total of 14,989 registrations, which is +10.9% more than in 2022. Here too, electrified models dominate the Volvo Recharge range, with a total of 76.8% of models registered in France, including 51.9% hybrids and 24.9% 100% electric models.

to THE UNITED STATESIn 2023, 128,701 examples of Volvo models were sold, which is 26% more than in 2022. Sales of electrified vehicles accounted for 28% of Volvos sold in the U.S. in 2022, and that number is up 28%.

in Chinasales also increased by 5% compared to 2022, with 170,091 units sold in 2023.

The best-selling models of 2023

in Francethe most popular model of the Swedish brand is the Volvo XC40 (6,672 registrations), followed by the XC60 (4,677 units) and the XC90 (1,731 units).

IN worldthe best-selling model in 2023 is the Volvo XC60 (228,646 units), followed by the XC40 (200,670 units).

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