Volvo Cars Sales Data, Trends & Analysis for the Canadian Automotive Market
This is your hub for the entire Volvo Cars 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 Cars Canada 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 Cars sales in Canada have been growing steadily in recent years. In 2022, Volvo Cars sold over 10,000 vehicles in Canada, making it the 13th-best-selling luxury automaker in the country. This represents an increase of 5.1% over Volvo Cars’ sales in 2021. Volvo Cars has a strong presence in Canada, with over 40 dealerships nationwide. The company also has a parts distribution center in Montreal, Quebec.
Volvo Cars’ growth in the Canadian 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 dealer network in Canada.
Volvo Cars Annual Sales, Growth & Market Share in Canada
Below we have a table that shows total Volvo Cars sales volumes for the Canadian automotive market, broken out by year. This data captures all Volvo Cars sales for the entire Canadian automotive market, including sub-brands.
| 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 Cars Canada Annual Sales Units & Growth Chart
Below is a visual representation of Volvo Cars’ Canadian sales units over time. We have both the Volvo Cars sales units and the growth in the Canadian market. Click on the items in the legend to see each series by itself.
Volvo Cars Canada Growth Rate & Market Share Chart
Below is the annual growth rate for the Volvo Cars in Canada, shown against the Volvo Cars’ marketshare changes in Canada. 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.
