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Volvo Car USA reports December and Full Year 2022 sales with strong fully-electric results

•December saw 11,111 cars sold in the US, up 6.4 percent year over year

•December was best-ever for BEV models, which accounted for ten percent share and grew 50 percent over the same month last year

•In 2022 Recharge models accounted for 27.4 percent of sales with BEVs at 7.2 percent, up 22.3 and 14.3 percent, respectively

•Full year 2022 finished at 102,038 cars sold, down 16.5 percent from 2021

•Americas Region up 4.2 percent overall in December, down 15.5 percent for the year, with a 9.5 percent increase in Recharge model sales

Volvo Car USA today reports sales of 102,038 cars for the full year 2022, down 16.5 percent compared with last year. The share of fully electric Volvo cars reached 7.2 per cent during the year, up 14.3 percent over last year.

Full year sales performance was affected by challenges across the supply chain as well as production restraints caused by component shortages and Covid-related lockdowns in China while the demand for the company's cars remained robust.

In the month of December, Volvo Car USA sold 11,111 cars, up 6.4 percent compared with the same month last year.

The share of overall Recharge cars -- those with pure electric and plug-in hybrid powertrains -- reached 27.4 percent during December 2022. Fully electric cars accounted to ten percent of sales and grew 50 percent, making it the best month ever for BEVs.

As a whole, the Americas Region sold 38,538 Recharge cars last year, a 9.5 percent increase over 2021. Recharge models accounted for a third of overall sales in December, with 13,323 cars sold.

Photo credit: Volvo
posted on conceptcarz.com

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