March proved to be a remarkable month for Volvo, marking record-breaking global sales figures. Volvo achieved an outstanding milestone by selling 78,970 vehicles worldwide, reflecting an impressive 25 percent increase compared to the same period last year. Notably, nearly a quarter of these sales consisted of fully electric Volvos, highlighting the growing trend toward sustainable mobility.
In Europe, Volvo experienced a significant 33 percent increase in sales, totaling 39,756 vehicles sold in March. Impressively, nearly 40 percent of these sales were fully electric vehicles, amounting to 14,967 units. Meanwhile, in the United States, Volvo saw a substantial 50 percent rise in sales, with 15,315 units sold, albeit fewer than in Europe. In China, Volvo sold 14,005 vehicles, marking a 21 percent increase compared to March of the previous year.
While the Volvo EX30 contributed to this growth, the consistently popular XC60 remains the flagship model, with over 22,400 units sold—an increase of more than 4,000 units from the same period in 2023. Accounting for more than 28 percent of Volvo’s global sales, the XC60 continues to dominate. Following closely behind is the XC40, with 20,557 registrations, securing second place. The recently introduced XC90 also performed exceptionally well, with 10,826 units sold, ranking third in the SUV segment.
