Volvo Car Canada Ltd. Reports Record First Quarter Sales Results

RICHMOND HILL, ON (April 2, 2026) – Volvo Car Canada today announced Q1 2026 sales results. In the first quarter of 2026, the company reported sales of 2,929 vehicles (+11.3 percent compared to Q1 2025), achieving a new Q1 record. This number included 1,093 electrified vehicles – those with a fully electric or plug-in hybrid powertrain (+2.6 percent compared to Q1 2025) and accounting for 37.3 percent of total sales.

Both the XC60 mid-size luxury SUV and XC90 full-size luxury SUV continued to be volume leaders, with 940 units and 851 units sold respectively. The XC60 was the growth leader for the quarter, with sales +32.2 percent compared to Q1 2025, and representing 32 percent of the mix.

In Q1 2026, Volvo Car Canada’s Certified Pre-Owned division delivered a total of 1,551 pre-owned units.

“We’re pleased to see strong momentum through the first quarter, driven by continued demand across our lineup. The XC60 remains the cornerstone of our performance and a clear reflection of the strength of the Volvo brand,” said Matt Girgis, Managing Director, Volvo Cars Canada.  “This momentum gives us confidence as we look ahead to the rest of the year.”

Q1 2026 Sales by Powertrain:

Q1 2026 Sales by Model:

About Volvo Car Canada Ltd.
Volvo Car Canada Ltd. is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCCL provides marketing, sales, parts, service, technology, and training support to the 37 Volvo automobile retailers across Canada. For more information, please refer to the Volvo Cars Canada media website at: www.volvocars.com/en-ca/media/

About Volvo Car Group   
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.   
 
"For life. To provide freedom to move in a personal, sustainable and safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to achieve net-zero greenhouse gas emissions by 2040.   
 
In 2025, Volvo Cars sold over 710 thousand cars, with an electrified share of 46%. 
Volvo Cars on average employed 42,600 full-time employees. Volvo Cars' head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars' production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The company also has R&D and design centres in Gothenburg and Shanghai (China).