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Volvo Cars’ May Sales Figures Show Notable Decline

3,894

Volvo Cars reported global sales of 59,822 cars in May, down 12 per cent from the same period last year. The company’s sales of electrified models—fully electric and plug-in hybrid models—accounted for 44 per cent of all cars sold during May and decreased by 20 per cent compared to the same period last year.

The share of fully electric vehicles constituted 21 per cent of all cars sold for the month, while the share of plug-in hybrid models accounted for 23 per cent.

Volvo Cars reported that the XC60 was the top-selling model in May, selling 19,408 cars (2024: 20,507). It was followed by the XC40/EX40, with total sales of 14,892 vehicles (2024: 13,640), and the XC90, with sales of 8,794 cars (2024: 9,072).

 
May
May
 
Jan-May
Jan-May
 
  2025 2024 Change 2025 2024 Change
             
Total
59,822
68,034
-12%
290,922
316,559
-8%
Electrified Models
26,344
32,768
-20%
127,212
139,286
-9%
 – Fully Electric 12,391 17,064 -27% 56,537 72,325 -22%
 – Plug-in Hybrid 13,953 15,704 -11% 70,675 66,961 6%
Mild Hybrids/ICE
33,478
35,266
-5%
163,710
177,273
-8%

 

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