Volvo Cars has announced positive results for the month of July 2024, with global sales up 6% growth compared to the same period last year. The Swedish automaker delivered 57,447 vehicles globally during the month. “We are pleased to be able to report another month of sales growth, driven primarily by sales in Europe. despite a generally difficult market context“said Björn Annwall, Chief Commercial Officer and Deputy CEO of Volvo Cars.
Volvo sales on the rise
The performance was driven in particular by strong sales of fully electric models on the European market: deliveries of electrified vehicles, which include both pure electric and plug-in hybrids, increased by 49% on an annual basis, representing 49% of total sales in July. Specifically, purely electric vehicles reached a 25% share of total deliveries for the month.
Good EV and PHEV
At the level geographicalin Europe, July sales reached 28,390 cars, up 40% compared to the same period in 2023. In the United States, however, there was an 11% decrease to 9,597 cars sold. In China, deliveries fell 31% to 9,775 cars. In the first seven months of the year, Volvo also totaled global sales of 445,520 cars, up 13% compared to the same period in 2023. Among the models The best-selling models in July were the XC60 with 15,577 units, the XC40/EX40 with 13,818 deliveries and the new EX30 with 9,201 vehicles.
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