AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Volvo Car Sales Fell 11% in April
ByAinvest
Monday, May 5, 2025 3:33 am ET1min read
Volvo sold 58,881 cars in April, down from 65,838 in the same month the year earlier, it said Monday. Sales of Volvo Car's range of fully electric and plug-in hybrid models decreased 16% on year and accounted for 45% of all cars sold.
Volvo Car Group reported a significant decline in global sales in April, with a 11% year-over-year decrease. The Swedish automaker sold 58,881 cars in April, down from 65,838 in the same month last year [1]. This marks a substantial drop in sales compared to April 2024, when the company sold 58,881 units.A key factor contributing to the sales decline was the performance of Volvo's electrified models. Sales of fully electric and plug-in hybrid vehicles decreased by 16% year-over-year and accounted for 45% of all cars sold in April. Fully electric models accounted for 20% of total sales, while plug-in hybrid models constituted 25% [2].
The XC60 remained the top-selling model in April, with sales of 19,887 units, followed by the XC40/EX40 with 13,783 units, and the XC90 with 9,746 units. These figures represent a decrease in sales compared to the same period last year [2].
For the first four months of 2025, Volvo Car Group sold 231,100 cars, a 7% decrease from the same period in 2024. The company's sales of electrified models for the period decreased by 5%, while the share of fully electric cars fell by 20%, and plug-in hybrid models increased by 11% [2].
The company's 2024 financial performance was robust, with a record-breaking core operating profit of SEK 27 billion and an all-time high in revenue of SEK 400.2 billion. However, the latest sales figures suggest a challenging start to 2025, particularly for the company's electrified vehicle segment [3].
References:
[1] https://www.marketwatch.com/story/volvo-car-sales-fell-11-in-april-f095112e
[2] https://www.tradingview.com/news/reuters.com,2025-05-05:newsml_Wkr8pH2rX:0-volvo-cars-reports-april-sales/
[3] https://news.cision.com/volvo-car-ab--publ-/r/volvo-cars-reports-april-sales%2Cc4144913
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet