Volvo Car Canada Ltd. Reports Second Quarter Sales Results

RICHMOND HILL, ON (July 2, 2026) – Volvo Car Canada today announced Q2 2026 sales results. In the second quarter of 2026, the company reported sales of 4,366 vehicles (+9.1 percent compared to Q2 2025). This number included 1,534 electrified vehicles – those with a fully electric or plug-in hybrid powertrain (+13 percent compared to Q2 2025) and accounting for 35 percent of total sales.

Both the XC60 mid-size luxury SUV and XC90 full-size luxury SUV continued to be volume leaders, with 1,426 units and 1,312 units sold respectively. The XC90 was the growth leader for the quarter, with sales +49.1 percent compared to Q2 2025, and representing 30 percent of the mix.

In Q2 2026, Volvo Car Canada’s Certified Pre-Owned division delivered a total of 1,812 pre-owned units.

"We're pleased with our results despite a challenging market environment," said Matt Girgis, Managing Director, Volvo Cars Canada. "The continued appeal of our product lineup has helped us deliver positive growth across the business, giving us confidence as we look ahead to the second half of the year."

Q2 2026 Sales by Powertrain:

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Contact:

Jennifer Okoeguale
Media Relations
Volvo Car Canada Ltd 
+1 647-881-6878
jennifer.okoeguale@volvocars.com

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).