Volvo Car USA and Canada reports sales of 138,647 cars for the full year 2024, down 2.1percent compared with last year. Electrified models—those with a fully electric or plug-in hybrid powertrain—accounted for 35.4 percent of sales during the year, up 22.3 percent compared over last year.
In December Volvo Car USA and Canada sold 15,131 cars, up 2.1 percent over the same period last year. Electrified models represented 35.7 percent of December sales; an increase of 44.5 percent compared with the same period last year.
For the full year 2024, sales in the US reached 125,243 cars, down 2.7 percent compared with the previous year. Electrified models accounted for 34.3 percent during the year, up 20.3 percent compared over last year.
December sales in the US reached 14,077 cars, up 3.4 percent over the same period last year. Sales of electrified models represented 33.9 percent; an increase of 47.6 percent compared with the same period last year.
In 2024, Canada set a new annual sales record with 13,404 cars sold, up 4.2 percent compared with the previous record-setting year. Sales of electrified models accounted for 46.1 percent during the year, up 38.2 percent compared over last year.
December sales in Canada were down 12.7 percent over the same period last year, with a volume of 1,054 cars. Sales of electrified models accounted for 59.6 percent; an increase of 24.1 percent compared with the same period last year.
In the US, the XC60 compact luxury SUV was the top selling model with a record-setting 5,245 cars sold during December, followed by the XC90 midsize luxury SUV (5,006 cars) and XC40 small luxury SUV (2,591 cars).
“We continued to see demand from our customers for our cars through the end of the year, especially for our electrified models,” said Mike Cottone, President, Volvo Car USA and Canada. “I’d like to thank our retail partners, loyal customers and valued employees for their commitment to Volvo Cars as we continue to build on our momentum in the new year.”
