Volvo Car Australia's impressive sales performance in 2021 shows no sign of
waning, with another record sales month in April.
National sales data released by VFACTs show Volvo sold 794 cars in April,
which represents a 176% increase compared to 12 months ago. Volvo's yearto-
date sales are up by nearly 84% after four successive months of growth.
In the highly competitive luxury SUV segment Volvo's XC40 and XC60 were
ranked No.2 and No.3 respectively in the small and medium size SUV
categories in the month of April.
Volvo Car Australia Managing Director, Stephen Connor, says Volvo is on track
to crack 10,000 vehicles sales for the first time in 2021.
"We have maintained a very consistent double-digit sales trajectory this year
that has enabled us to secure even more production for quarter 3 and quarter
4, so I am confident 10,000 sales are very achievable for us in 2021." "As for
our April result this could have been even better had we not been hampered by
over 300 vehicles being held up in local quarantine inspections but that now
sets us up for another bumper month in May".
Volvo has announced its 2022 model range due to launch in July 2021 will be
pure electric, mild-hybrid or plug-in hybrid as the company forges ahead with
its electrification strategy.
In Q3 2021 Volvo will launch its first all-electric car, the XC40 Recharge Pure
Electric, which will be the first of five all-electric models to be launched over the
next five years.
In further good news in April, Volvo's dominance in the luxury SUV segment
was reinforced when its XC40 and XC60 both won major accolades in the 2021
Drive Car of The Year awards.
Volvo XC40 was judged Best Small Luxury SUV and Volvo XC60 won the Best
Medium Luxury SUV award.
Since it was launched in 2018 the Volvo XC40 has won several prestigious
awards, including being named 2019 Wheels Car of the Year and Carsales Car
of the Year in 2018 as well as being named the 2018 European Car of The
Year.
Volvo XC60 has also won a swag of Australian and international awards,
including 2018 Wheels Car of The Year, Drive Car of the Year as the Best
Medium Luxury SUV for five consecutive years (2017-2021), and the 2018
World Car of the Year.
Ends
Volvo Car Group in 2020
For the 2020 financial year, Volvo Car Group recorded an operating profit of 8.5 BSEK (14.3 BSEK in 2019).
Revenue over the period amounted to 262.8 BSEK (274.1 BSEK). For the full year of 2020, global sales
reached 661,713 cars (705,452), a decline of 6.2 per cent compared to 2019.
About Volvo Car Group
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the
world with sales of 661,713 cars in 2020 in about 100 countries. Volvo Cars has been under the ownership of
the Zhejiang Geely Holding since 2010.
As of December 2020, Volvo Cars employed approximately 40,000 (41,500) full-time employees. Volvo Cars
head office, product development, marketing and administration functions are mainly located in Gothenburg,
Sweden. Volvo Cars head office for APAC is located in Shanghai. The company's main car production plants
are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China),
while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in
Olofström (Sweden).
Under its new company purpose, Volvo Cars aims to provide customers with the Freedom to Move in a
personal, sustainable and safe way. This purpose is reflected into a number of business ambitions: for
example, by the middle of this decade it aims for half of its global sales to be fully electric cars and to establish
five million direct consumer relationships. Volvo Cars is also committed to an ongoing reduction of its carbon
footprint, with the ambition to be a climate-neutral company by 2040.