Volvo Cars Sales Data, Trends & Analysis for the U.S Automotive Market
This is your hub for the entire Volvo Cars sales data for the U.S market. Volvo is a luxury vehicle brand owned by Chinese car manufacturer, Geely. Volvo manufactures and markets various kinds of luxury vehicles which includes sport utility vehicles (SUVs), station wagons, sedans and compact executive sedans. The company started selling cars in US in 1959 and still continues today with success. Volvo has long been known for their vehicles having the most luxurious interior design in the luxury vehicle segment. The company has marketed their cars for being incredibly safety and reliable.
Volvo Cars U.S Sales Figures & Recent Highlights
Currently, it’s safe to say that Volvo is enjoying a good amount success in the US. As seen from the table below, Volvo is currently enjoying a year-after-year growth in sales. In 2019, Volvo announced that they sold over 100,000 units in the US alone. It was the first time that the company sold over 100,000 vehicles since 2007 when they sold 139,384 units.
Volvo Cars sales in the US have been growing steadily in recent years. In 2022, Volvo Cars sold over 70,000 vehicles in the US, making it the 14th-best-selling luxury automaker in the country. This represents an increase of 22.8% over Volvo Cars’ sales in 2021. Volvo Cars has a strong presence in the US, with over 300 dealerships nationwide. The company also has a manufacturing plant in Charleston, South Carolina, where it produces the Volvo S60 sedan and the Volvo XC90 SUV.
Volvo’s tenure in the US has been successful so far thanks to their award-winning luxury sedans, wagons and SUVs that they offer in the country. We’ll expect to see their sales grow more in the future as the company shifts its focus into producing electric vehicles. Volvo Cars’ growth in the US market is expected to continue in the coming years. The company is planning to launch a number of new electric vehicles in the coming years, including the Volvo EX90 SUV and the Volvo EX30 SUV. Volvo Cars is also planning to expand its production capacity in the US.
Volvo Cars U.S Monthly Sales Data
Below we have a table that shows Volvo Cars sales for the United States automotive market, but this time it is broken out by month. This is on a unit basis. This is Volvo Cars’s new vehicle sales in the US across all its owned brands.
Volvo Cars Annual Sales, Growth & Market Share in the United States
Below we have a table that shows total Volvo Cars sales volumes for the US automotive market, broken out by year. This data captures all Volvo Cars sales for the entire United States automotive market, including sub-brands.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2002 | 18,975 | 0.00 | 0.80 | 0.00 |
| 2003 | 17,330 | -8.67 | 0.86 | 6.88 |
| 2004 | 28,317 | 63.40 | 2.02 | 57.65 |
| 2005 | 96,705 | 241.51 | 0.56 | -258.20 |
| 2006 | 93,103 | -3.72 | 0.56 | -1.14 |
| 2007 | 84,957 | -8.75 | 0.52 | -6.67 |
| 2008 | 54,233 | -36.16 | 0.41 | -28.74 |
| 2009 | 47,371 | -12.65 | 0.45 | 9.77 |
| 2010 | 40,801 | -13.87 | 0.35 | -29.50 |
| 2011 | 57,475 | 40.87 | 0.44 | 21.74 |
| 2012 | 64,119 | 11.56 | 0.41 | -8.31 |
| 2013 | 54,990 | -14.24 | 0.35 | -17.03 |
| 2014 | 54,277 | -1.30 | 0.33 | -6.90 |
| 2015 | 64,928 | 19.62 | 0.37 | 11.53 |
| 2016 | 77,174 | 18.86 | 0.44 | 15.41 |
| 2017 | 81,434 | 5.52 | 0.47 | 6.94 |
| 2018 | 98,786 | 21.31 | 0.57 | 17.09 |
| 2019 | 108,227 | 9.56 | 0.63 | 10.43 |
| 2020 | 110,130 | 1.76 | 0.75 | 15.23 |
| 2021 | 123,424 | 12.07 | 0.83 | 9.29 |
| 2022 | 101,977 | -17.38 | 0.74 | -10.78 |
| 2023 | 128,701 | 26.21 | 0.83 | 10.06 |
| 2024 | 113,068 | 0.00 | 0.85 | 0.00 |
Volvo Cars U.S Annual Sales Units & Growth Chart
Below is a visual representation of Volvo Cars’ U.S sales units over time. We have both the Volvo Cars sales units and the growth in the United States market. Click on the items in the legend to see each series by itself.
Volvo Cars U.S Growth Rate & Market Share Chart
Below is the annual growth rate for the Volvo Cars in the United States, shown against the Volvo Cars’ marketshare changes in the United States. This gives you a good look into how the Volvo Cars has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
