Volvo Cars reported its best-ever second-half profit and sales volumes in the final six months of 2020, recovering from the impact of the coronavirus pandemic.
The strong second-half to the year saw 391 751 units sold, an increase of 7,4 percent compared with the same period in 2019 (the company has since registered its best-ever January sales performance, too). For the full year, global sales reached 661 713 units, representing a year-on-year decline of 6,2 percent.
So, which models led the charge for the Swedish firm? Well, the XC60 was the best seller with 191 696 units (down 6,5 percent) registered worldwide in 2020.
The smaller XC40 was close behind with its 185 406 units representing an impressive 32,6 percent year-on-year improvement. The XC90 rounded out the sales podium for Volvo, with 92 458 units (down 8,2 percent) sold.
Next came the V60 and V60 Cross Country family (64 912), then the S60 and S60 Cross Country range (52 251), followed by the S90 sedan (46 027). The V90 and V90 Cross Country line-up added 25 569 units, while Volvo also sold 3 394 examples of the since-discontinued V40 and V40 Cross Country.
“We acted decisively to limit the impact of the pandemic,” said Håkan Samuelsson, chief executive of Volvo Cars.
“After a safe restart of our operations, we recovered strongly and reported the best second half in the company’s history. It is also promising to see the fast-growing demand for our ‘Recharge’ line-up of chargeable cars, which we expect to continue in 2021.”