Volvo Cars reports Full Year 2022 sales, share of fully electric cars at 10.9%
Volvo Cars today reports sales of 615,121 cars for the full year 2022, down 12.0 per cent compared with last year. The share of fully electric Volvo cars reached 10.9 per cent during the year, compared with 3.7 per cent last year. Volvo Cars’ full year sales performance was affected by challenges across the supply chain, as well as production restraints caused by component shortages and Covid-related lockdowns in China. Despite this, demand for Volvo Cars remained robust. In the month of December, Volvo Cars sold 72,663, up 12.8 per cent compared with the same month last year.