Volvo sales slide by 17.2% in Feb.

Volvo sales slide by 17.2% in Feb.

MANILA: Last February, Volvo Cars sold 42,067 vehicles, down 17.2% versus the same month last year.

KEY TAKEAWAYS

  • What was the best-selling Volvo model in February 2022?

    The XC60 was Volvo's best-selling model in February 2022, with 13,503 units sold.
  • How will the military conflict in Ukraine affect the production of Volvo Cars?

    The rising military war in Ukraine may have a severe impact on the supply chain because armed conflicts disrupt transport and commercial activity in surrounding regions.
  • The company said that production is improving month after month as supply chain limitations gradually ease. Volvo is reaching its production levels from a year ago which are, however, still below its goal. Retail deliveries will often be delayed by two to three months due to high production volumes.

    Supply shortages will continue to be a constraint for Volvo Cars and the entire auto industry. The escalating military war in Ukraine may have a severe impact on the supply chain because armed conflicts disrupt transport and commercial activity in surrounding regions.  The matter is being closely monitored by the company.

    Sales of Volvo Recharge models in February accounted for 33% of all Volvo cars sold worldwide. When compared to the same month last year, sales of fully electric vehicles climbed by 229.5%, accounting for 7.9% of total sales.

    Volvo Cars sold 89,628 units in the first two months of this year, down 18.8% from the same period last year. Recharge sales climbed by 7% over the same period last year, representing 32.3% of overall sales. Sales of fully electric vehicles climbed by 174.9%, accounting for 7.2% of overall sales.

    In February, European sales plummeted 18.6% to 19,512 units, with Recharge models accounting for more than half of total European sales. Volvo Cars sold 38,203 units in Europe in the first two months of the year, down 21.8% from the same period last year.

    Sales in China last February fell by 13.8% to 8,691 units. Volvo Cars delivered 23,320 cars in China in the first two months of this year, a 20.3% decrease from the same period last year.

    A total of 6,219 cars were sold in the United States last February, down 32.1% from the same month of the previous year. Volvo sold 13,329 units in the United States in the first two months of this year, down 23% from the same period last year.

    The XC60 was Volvo's best-selling model in February 2022, with 13,503 units sold, followed by the XC40 with 12,611 units and the XC90 with 5,582 units.

    Photo from Volvo Cars

    Also read: Volvo C40 Recharge gets Top Safety Pick+ safety rating from US IIHS

    Hazel Nicole Carreon

    Hazel Nicole Carreon

    Hazel is a news and feature writer for ZigWheels Philippines. She studied communication at De La Salle Lipa, where she was exposed to writing about various topics, which later has become her passion and now her career.

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    Volvo Car Models

    • Volvo S90 hev
      Volvo S90
    • Volvo XC40 Recharge ev
      Volvo XC40 Recharge
    • Volvo XC60 hev
      Volvo XC60
    • Volvo C40 Recharge ev
      Volvo C40 Recharge
    • Volvo XC90 hev
      Volvo XC90
    • Volvo XC40
      Volvo XC40
    Volvo Cars Price

    Don't Miss

    PIMS 2024

    You might also be interested in

    • News
    • Featured Stories

    Latest Volvo XC60 Car Videos on Zigwheels

    Zigwheels
    • 2015 Volvo XC60 Walkaround
      2015 Volvo XC60 Walkaround
      18 Apr, 2015 .
    • DRIVE Volvo XC60
      DRIVE Volvo XC60
      18 Apr, 2015 .
    • Volvo XC60 2015 In Depth Review Interior Exterior
      Volvo XC60 2015 In Depth Review Interior Exterior
      18 Apr, 2015 .
    • 2014 BMW X5 vs Volvo XC60 Racetrack Mashup: 2 Hot Laps but only 1 Winner
      2014 BMW X5 vs Volvo XC60 Racetrack Mashup: 2 Hot Laps but only 1 Winner
      18 Apr, 2015 .
    • 2015.5 Volvo XC60 DETAILED Review and Road Test
      2015.5 Volvo XC60 DETAILED Review and Road Test
      18 Apr, 2015 .
    • 2015 Volvo XC60 T5 Drive E Tech Pack drive demo
      2015 Volvo XC60 T5 Drive E Tech Pack drive demo
      18 Apr, 2015 .
    • 2015 Volvo XC60 T6 AWD R-Design - Exterior and Interior Walkaround - 2014 Detroit Auto Show
      2015 Volvo XC60 T6 AWD R-Design - Exterior and Interior Walkaround - 2014 Detroit Auto Show
      18 Apr, 2015 .
    • 2015 Volvo XC60 First Drive Review
      2015 Volvo XC60 First Drive Review
      18 Apr, 2015 .
    • Quick drive: 2015 Volvo XC60 T6 Drive-E
      Quick drive: 2015 Volvo XC60 T6 Drive-E
      18 Apr, 2015 .
    • 2015.5 Volvo XC60 - Review & Test Drive
      2015.5 Volvo XC60 - Review & Test Drive
      18 Apr, 2015 .
    Watch Volvo XC60 Car Videos

    Compare & Recommended

    Volvo XC60 hev
    Volvo XC60
    ₱4.49 Million
    Volvo XC60 Price
    BMW X3
    BMW X3
    ₱4.19 - 4.29 Million
    BMW X3 Price
    Toyota Land Cruiser Prado
    Hyundai Palisade
    Hyundai Palisade
    ₱3.78 Million
    Palisade Price
    Jaguar E-Pace
    Jaguar E-Pace
    ₱4.19 - 4.39 Million
    E-Pace Price
    Seating 5
    5
    7
    7
    5
    Fuel Type Gasoline
    Diesel
    Gasoline
    Diesel
    Diesel
    Engine 1998
    1995
    3956
    2199
    1999
    Power 313
    190
    271
    190
    148
    Torque 460 Nm
    400 Nm
    381 Nm
    440 Nm
    380 Nm
    Transmission Type Automatic
    Automatic
    Automatic
    Automatic
    Automatic
    Compare Now

    Trending SUV

    • Upcoming
    • Geely Coolray 2024
      Geely Coolray 2024
      ₱1.199 - 1.299 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Omoda E5 ev
      Omoda E5
      ₱1.9 Million Expected Price Manila
      Expected Launch Nov, 2024 Alert Me When Launched
    • MG RX8
      MG RX8
      ₱1.05 Million Expected Price Manila
      Expected Launch Dec, 2024 Alert Me When Launched
    • Omoda 7
      Omoda 7
      Price coming soon
      Expected Launch Nov, 2024 Alert Me When Launched
    • JAECOO J7
      JAECOO J7
      ₱1.6 Million Expected Price Manila
      Expected Launch Jan, 2025 Alert Me When Launched
    • GAC Emkoo Hybrid hev
      GAC Emkoo Hybrid
      ₱2.498 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    Upcoming SUV Cars

    Volvo XC60 Car Articles From Carmudi

    • journal
    • Concept Recharge is the minimalist basis of future Volvo EVs
      Concept Recharge is the minimalist basis of future Volvo EVs
      Dylan Afuang, Jul 02, 2021
    • Electric Volvo XC60 will be first car made out of Northvolt partnership
      Electric Volvo XC60 will be first car made out of Northvolt partnership
      Dylan Afuang, Jun 22, 2021
    • Volvo ranks highest in tech innovation in 2020 J.D. Power study
      Volvo ranks highest in tech innovation in 2020 J.D. Power study
      Wilbert Tan, Aug 26, 2020
    • VIDEO: Volvo Cars PH Hosts 'The Future of Electric' Forum
      VIDEO: Volvo Cars PH Hosts 'The Future of Electric' Forum
      Carmudi PH, Oct 06, 2019
    • BUYER'S GUIDE: 2018 Volvo XC60
      BUYER'S GUIDE: 2018 Volvo XC60
      Wilbert Tan, Sep 27, 2018

    Compare

    You can add 3 variants maximum*