Volvo Car Malaysia Saw Its Highest Ever Sales Performance In 2021

Volvo Car Malaysia announced that its sales performance for 2021 was its highest ever since the establishment of the company. The company sold 2,229 vehicles in the year, a 14.3% increase over the previous. Last year also marks the 6th consecutive year of sales growth for the brand which is a positive sign for further growth.

This sales achievement also contained another milestone i.e. the company’s highest sales performance in a month on record. In December, it had sold 524 cars. Almost 73% of all new Volvo cars sold in Malaysia are its Recharge electrified models.

“We are proud of our record-breaking achievements in 2021. Despite a challenging year, we have gained customers’ confidence in providing them with the freedom to move in a personal, sustainable and safe way. The collective efforts of our dealers and staff have laid the groundwork for an electrifying 2022, encouraging us to charge towards our goal of becoming a fully electric car company by 2030,” said Charles Frump, Managing Director of Volvo Car Malaysia.

Globally, Volvo Cars sold a total of 698,693 vehicles in 2021, a growth of 5.6%. Of this total, its Recharge models made up about 27% of sales volume. The year-on-year increase by 63.9% of Volvo Cars’ Recharge models demonstrates the continued popularity of this line-up of cars with their choice of fully electric or plug-in hybrid powertrains. Almost 40% of all new Volvo cars sold in December were Recharge models, with the fully electric models making up 7.4% of this.