Volvo Sales Figures - US Market

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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 U.S market. Volvo has been present in the US for decades, and its image remained unchanged for the majority of this time – staid, safe and family-friendly. This began to change in the late 1990s and early 2000s as models like the S40 and S60 targeted younger with more sporty design and dynamics. Having met with some success, Volvo in recent years (under new, Chinese ownership) decided to push decidedly upmarket, to come level with the likes of Mercedes-Benz, BMW, Audi and Lexus. In the US the car that is still associated with Volvo, the XC90 large SUV, is also its best seller, selling more than 30,000 units per year. Ever since its launch, Volvo has been more dependent on crossover sales than its luxury rivals, and this has continued as the share of crossovers in Volvo’s US sales has increased from 41% in 2010 to nearly 78% in 2018 and 2019.

The XC60 and XC40 have contributed to this success, while the 90-series and 60-series sedan and wagon have struggled to make a mark in their respective segments, despite Volvo’s Cross Country versions of them, which are more popular in Europe. Volvo is a luxury vehicle brand owned by Geely, a Chinese automotive company. The company manufactures and markets sport utility vehicles (SUVs), station wagons, sedans and compact executive sedans. The Volvo brand has been around in the US for decades. It was even acquired by Ford from 1999 to 2010, which helped the brand achieved some success in the US after selling over 100,000 units for ten straight years. After the financial crisis in 2008, Ford was forced to sell the brand to the Chinese automotive company, Geely. Volvo has stuck to its image as a manufacturer of staid, safe, and family friendly vehicles for much of its existence. But that changed when it was acquired by Geely and decided to market it as a separate luxury brand that will compete against the likes of Mercedes-Benz, BMW, Audi and Lexus.

Volvo U.S Sales Figures & Recent Highlights

Volvo sales in US was quite good when it was acquired by Ford in 1999. The brand sold over 100,000 vehicle for ten straight years before Ford was forced to sell it to Geely. Since then, Volvo sales in the US has been good so far. In 2019, Volvo sold over 100,000 vehicles in the US which is the first time since 2007. 2019 also marks the sixth consecutive year of sales growth for the luxury vehicle brand in the US.

According to Volvo Car USA, the company’s U.S. sales figures for 2022 were 102,038 cars, down 16.5 percent compared to 2021. The XC60 was the top-selling model, with 39,250 units sold, followed by the XC90 with 36,450 units sold and the XC40 with 21,900 units sold. In January 2023, Volvo announced that it would be investing $1.5 billion to build a new manufacturing plant in South Carolina. The plant is scheduled to open in 2025 and will produce electric vehicles.

In February 2023, Volvo announced that it would be expanding its lineup of electric vehicles. The company plans to introduce a new electric SUV in 2024 and a new electric sedan in 2025. In March 2023, Volvo announced that it would be partnering with Google to develop a new operating system for its vehicles. The new operating system will be based on Android Automotive and will offer a more user-friendly experience.

Volvo Monthly Sales Data in the U.S

Below we have a table that shows Volvo 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 new vehicle sales in the US.


Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2002	0	0	0	0	0	0	0	0	0	0	0	18,975
2003	0	0	0	0	0	0	0	0	0	0	0	17,330
2004	0	0	0	0	0	0	0	0	0	0	0	28,317
2005	5,697	5,749	6,784	6,077	6,158	7,175	6,585	5,920	5,007	4,774	5,077	31,702
2006	5,015	4,931	6,590	5,393	5,949	6,127	5,720	5,966	4,573	4,117	5,041	33,681
2007	4,745	4,558	6,290	4,660	5,220	5,896	5,995	5,826	4,594	4,283	4,583	28,307
2008	4,496	4,467	5,254	3,650	3,545	3,276	2,700	2,218	2,154	1,937	2,420	18,116
2009	1,321	1,844	3,266	2,449	3,415	4,339	3,675	2,595	2,489	2,449	2,683	16,846
2010	1,860	2,026	2,948	2,009	2,442	2,868	2,626	2,785	2,588	2,527	2,752	13,370
2011	3,017	3,492	4,476	4,487	5,363	5,301	4,054	3,853	3,802	3,802	3,725	12,103
2012	3,381	8,668	5,480	3,929	5,061	5,529	4,720	5,097	4,122	3,466	4,990	9,676
2013	4,202	4,187	4,476	3,617	5,411	5,837	5,023	4,474	3,508	3,187	3,603	7,465
2014	3,397	3,564	5,319	4,030	4,791	5,525	4,411	4,395	7,102	3,499	3,016	5,228
2015	3,458	3,696	5,352	4,210	4,636	5,360	5,214	5,424	5,064	6,958	6,640	8,916
2016	3,992	4,973	6,437	5,792	5,121	7,702	7,952	6,904	5,130	5,941	7,333	9,897
2017	3,448	4,632	5,349	7,111	6,197	7,295	6,967	7,994	7,900	7,008	7,854	9,679
2018	5,560	6,283	8,463	8,333	9,338	9,868	8,622	8,970	8,715	7,627	8,181	8,826
2019	5,854	6,635	9,569	8,367	9,761	9,934	8,795	9,187	9,323	8,807	9,635	12,360
2020	6,157	7,841	5,487	3,866	9,519	10,385	9,697	10,378	10,274	10,691	11,591	14,244
2021	8,151	9,164	9,924	11,046	13,221	12,258	11,575	10,686	9,350	8,701	7,667	11,681
2022	7,110	6,219	9,367	10,022	9,372	8,434	6,868	8,136	6,627	9,478	9,233	11,111
2023	7,693	8,560	10,230	9,611	10,723	12,933	10,785	10,644	10,946	11,296	11,671	13,609
2024	9,586	7,920	15,315	10,604	10,153	9,304	9,629	10,420	8,518	9,360	12,259	0

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	US 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 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.

The Best-Selling Volvo Cars & SUVs in the United States

Volvo XC60 (36,181 sold in 2022). This midsize SUV is known for its luxury, safety, and stylish design. It was the best-selling Volvo model in the U.S. in 2022, with 39,250 units sold.
Volvo XC90 (34,101 sold in 2022). This luxury SUV is the largest Volvo model. It is known for its spacious interior and comfortable ride. It was the second-best-selling Volvo model in the U.S. in 2022, with 36,450 units sold.
Volvo XC40 (18,558 sold in 2022). This compact SUV is known for its stylish design and fuel efficiency. It was the third-best-selling Volvo model in the U.S. in 2022, with 21,900 units sold.

The Current Volvo Model Lineup & Prices in the U.S

Volvo is committed to becoming a fully electric car company by 2030. The company has said that it will invest $45 billion in electric vehicles and related technologies over the next five years. Overall, Volvo is a strong brand with a bright future. The company is committed to sustainability and safety, and it is investing heavily in electric vehicles. Volvo is well-positioned to succeed in the years to come. The current lineup is strong and sells well, but is increasingly coming under pressure.

Volvo EX90

Starting at $TBD

The Volvo EX90 is an upcoming all-electric luxury SUV that is scheduled to be released in late 2024. It will be the largest and most luxurious electric SUV from Volvo. The EX90 will be based on the SPA2 platform, which is also used by the XC90 and Polestar 3. It will be powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. The EX90 will have an EPA-estimated range of over 300 miles. The EX90 will have a spacious and luxurious interior with seating for up to seven passengers. It will come standard with a panoramic sunroof, a 12.3-inch digital instrument cluster, and a 12.8-inch touchscreen infotainment system.

Volvo EX30

Starting at $34,950

The Volvo EX30 is an upcoming all-electric compact SUV that is scheduled to be released in late 2023. It will be the smallest and most affordable electric SUV from Volvo. The EX30 will be based on the CMA platform, which is also used by the XC40 and C40 Recharge. It will be powered by a single-motor rear-wheel-drive system that produces 231 horsepower and 243 pound-feet of torque. The EX30 will have an EPA-estimated range of over 200 miles. The EX30 will have a spacious and stylish interior with seating for up to five passengers. It will come standard with a 12.3-inch digital instrument cluster and a 12.8-inch touchscreen infotainment system. Overall, the Volvo EX30 is a promising all-electric compact SUV. It has a spacious and stylish interior, long electric range, and advanced safety features. However, it is not available until late 2023.

Volvo XC40 / XC40 Recharge

Starting at $40,100 / Recharge Starting at $53,550

The Volvo XC40 is a compact SUV that was first introduced in 2017. It is available in both gasoline and electric (Recharge) versions. The gasoline-powered XC40 is powered by a 2.0-liter turbocharged four-cylinder engine that produces 248 horsepower and 258 pound-feet of torque. It is paired with an eight-speed automatic transmission. The XC40 gets an EPA-estimated 24 mpg in the city and 34 mpg on the highway. The electric XC40 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 78-kWh battery pack that offers an EPA-estimated range of 223 miles. The XC40 is a good choice for drivers who are looking for a stylish and compact SUV with a variety of features. The XC40 Recharge is a good choice for drivers who are looking for an electric SUV with a long range and a variety of features.

Volvo XC60 / XC60 Recharge

Starting at $46,450 / Recharge Starting at $57,900

The Volvo XC60 is a midsize SUV that was first introduced in 2008. It is available in both gasoline and electric (Recharge) versions. The gasoline-powered XC60 is powered by a 2.0-liter turbocharged four-cylinder engine that produces 295 horsepower and 295 pound-feet of torque. It is paired with an eight-speed automatic transmission. The XC60 gets an EPA-estimated 22 mpg in the city and 30 mpg on the highway. The electric XC60 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 78-kWh battery pack that offers an EPA-estimated range of 223 miles.

Volvo XC90 / XC90 Recharge

Starting at $56,000 / Recharge Starting at $71,900

The Volvo XC90 is a full-size SUV that was first introduced in 2002. It is available in both gasoline and electric (Recharge) versions. The gasoline-powered XC90 is powered by a 2.0-liter turbocharged and supercharged four-cylinder engine that produces 316 horsepower and 295 pound-feet of torque. It is paired with an eight-speed automatic transmission. The XC90 gets an EPA-estimated 19 mpg in the city and 27 mpg on the highway. The electric XC90 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 11.6-kWh battery pack that offers an EPA-estimated range of 180 miles.

Volvo S90 / S90 Recharge

Starting at $57,700 / Recharge Starting at $65,650

The Volvo S90 is a luxury sedan that was first introduced in 2016. It is available in both gasoline and electric (Recharge) versions. The gasoline-powered S90 is powered by a 2.0-liter turbocharged and supercharged four-cylinder engine that produces 316 horsepower and 295 pound-feet of torque. It is paired with an eight-speed automatic transmission. The S90 gets an EPA-estimated 20 mpg in the city and 28 mpg on the highway. The electric S90 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 11.6-kWh battery pack that offers an EPA-estimated range of 180 miles.

Volvo S60 / S60 Recharge

Starting at $42,000 / Recharge Starting at $51,950

The Volvo S60 is a midsize luxury sedan that was first introduced in 2010. It is available in both gasoline and electric (Recharge) versions. The gasoline-powered S60 is powered by a 2.0-liter turbocharged four-cylinder engine that produces 250 horsepower and 258 pound-feet of torque. It is paired with an eight-speed automatic transmission. The S60 gets an EPA-estimated 23 mpg in the city and 35 mpg on the highway. The electric S60 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 78-kWh battery pack that offers an EPA-estimated range of 223 miles. The S60 is a good choice for drivers who are looking for a stylish and comfortable sedan with a variety of features. The S60 Recharge is a good choice for drivers who are looking for an electric sedan with a long range and a variety of features.

Volvo C40 Recharge

Starting at $55,300

he Volvo C40 Recharge is an all-electric compact SUV that was first introduced in 2022. It is based on the same platform as the Volvo XC40 Recharge, but it has a more coupe-like roofline. The C40 Recharge is powered by a dual-motor all-wheel-drive system that produces 402 horsepower and 487 pound-feet of torque. It is paired with a 78-kWh battery pack that offers an EPA-estimated range of 223 miles. The C40 Recharge is a good choice for drivers who are looking for a stylish and luxurious electric SUV. It is also a good choice for drivers who are looking for a car with a long range and a variety of advanced safety features.

Volvo V60 Recharge

Starting at $71,250

The Volvo V60 Recharge is a plug-in hybrid (PHEV) wagon that was first introduced in 2020. It is based on the same platform as the Volvo XC60 Recharge, but it has a more wagon-like body style. The V60 Recharge is powered by a turbocharged and supercharged 2.0-liter four-cylinder engine that produces 295 horsepower and 295 pound-feet of torque. It is paired with an electric motor that produces 87 horsepower and 177 pound-feet of torque. The total system output is 382 horsepower and 472 pound-feet of torque. The V60 Recharge can travel up to 22 miles on electric power alone.

Volvo V60 Cross Country

Starting at $49,750

The Volvo V60 Cross Country is a wagon that was first introduced in 2015. It is based on the regular V60 wagon, but it has a raised suspension and body cladding to give it a more rugged appearance. The V60 Cross Country is available with a choice of two engines: a turbocharged 2.0-liter four-cylinder engine that produces 250 horsepower and 258 pound-feet of torque, or a turbocharged and supercharged 2.0-liter four-cylinder engine that produces 316 horsepower and 295 pound-feet of torque. Both engines are paired with an eight-speed automatic transmission.

Volvo V90 Cross Country

Starting at $59,150

The Volvo V90 Cross Country is a mid-size luxury SUV that was first introduced in 2016. It is based on the regular V90 wagon, but it has a raised suspension and body cladding to give it a more rugged appearance. The V90 Cross Country is available with a choice of two engines: a turbocharged and supercharged 2.0-liter four-cylinder engine that produces 316 horsepower and 295 pound-feet of torque, or a plug-in hybrid (PHEV) powertrain that combines a turbocharged and supercharged 2.0-liter four-cylinder engine with an electric motor to produce 402 horsepower and 487 pound-feet of torque. Both engines are paired with an eight-speed automatic transmission. The V90 Cross Country is a well-rounded SUV that offers a good balance of style, performance, and safety. It is a good choice for drivers who are looking for a stylish and comfortable SUV with a variety of features.