Volvo Sales Data, Trends, Analysis & Current Lineup for the U.S Automotive Market
This is your hub for all of the Volvo sales data for the Canadian 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 Canada 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. They are even at the forefront of the auto industry when it comes to safety engineering. Their safety systems are one of most advanced that you can find in vehicles. The prices of Volvo cars are also very reasonable which is why the company is having success in Canada
Volvo U.S Sales Figures & Recent Highlights
It’s safe to say that Volvo is enjoying a good amount success in Canada. As seen from the table below, Volvo is currently enjoying a year-after-year growth in sales. Volvo’s tenure in Canada 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 Canada sales have been increasing in recent years. In 2020, Volvo Canada sales were 30,000 units. In 2021, Volvo Canada sales rose to 37,500 units. And in 2022, Volvo Canada sales increased further to 45,000 units. SUVs are the fastest-growing segment of the automotive market, and Volvo offers a number of popular SUVs, such as the XC90, XC60, and XC40. Volvo has introduced a number of new models in recent years, such as the Volvo XC40 Recharge and the Volvo C40 Recharge. These models have been well-received by consumers and have helped to boost sales. Volvo is known for its commitment to safety, and this has attracted many consumers to the brand.
Volvo Annual Sales, Growth & Market Share in the United States
Below we have a table that shows total Volvo sales volumes for the US automotive market, broken out by year. This data captures all Volvo vehicle sales for the entire United States automotive market.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2002 | 99 | 0.00 | 100.00 | 0.00 |
| 2003 | 60 | -39.39 | 100.00 | 0.00 |
| 2004 | 103 | 71.67 | 100.00 | 0.00 |
| 2005 | 7 | -93.20 | 100.00 | 0.00 |
| 2006 | 225 | 3,114.29 | 100.00 | 0.00 |
| 2007 | 360 | 60.00 | 100.00 | 0.00 |
| 2008 | 174 | -51.67 | 100.00 | 0.00 |
| 2009 | 125 | -28.16 | 100.00 | 0.00 |
| 2010 | 194 | 55.20 | 100.00 | 0.00 |
| 2011 | 156 | -19.59 | 0.56 | -17,712.82 |
| 2012 | 5,715 | 3,563.46 | 0.34 | -63.58 |
| 2013 | 4,798 | -16.05 | 0.28 | -23.62 |
| 2014 | 4,466 | -6.92 | 0.24 | -15.10 |
| 2015 | 4,788 | 7.21 | 0.26 | 5.93 |
| 2016 | 6,103 | 27.46 | 0.31 | 18.15 |
| 2017 | 7,100 | 16.34 | 0.35 | 10.46 |
| 2018 | 9,217 | 29.82 | 0.46 | 24.57 |
| 2019 | 10,155 | 10.18 | 0.53 | 12.25 |
| 2020 | 9,249 | -8.92 | 0.56 | 5.05 |
| 2021 | 11,106 | 20.08 | 0.68 | 17.88 |
| 2022 | 0 | -100.00 | 0.00 | 0.00 |
Volvo U.S Annual Sales Units & Growth Chart
Below is a visual representation of Volvo’s U.S sales units over time. We have both the Volvo sales units and the growth in the United States market. Click on the items in the legend to see each series by itself.
Volvo U.S Growth Rate & Market Share Chart
Below is the annual growth rate for the Volvo brand in the United States, shown against the Volvo’s marketshare changes in the United States. This gives you a good look into how Volvo 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.
