Volvo Cars reports new global sales record in 2023
Volvo Cars sets a new global sales record as the company reports full year sales of 708,716 cars during 2023, an increase of 15 per cent compared to the full year of 2022.The all-time-high sales record is a demonstration of Volvo Cars’ strong electrified product portfolio in combination with a more stabilised supply chain. Volvo Cars also saw a significant increase in sales for its electrified cars. Last year, Volvo Cars sold 113,419 fully electric cars, an increase of 70 per cent compared to 2022, and 152,561 plug-in hybrid cars, which was a 10 per cent increase compared to 2022.