Volvo Cars Q1 Sales Fall 11% as Americas Plunge Offsets EV Gains in Europe

Volvo Cars Q1 Sales Fall 11% as Americas Plunge Offsets EV Gains in Europe

Volvo Cars reported on Thursday global sales of 153,316 vehicles in the first quarter of 2026, an 11% decline compared to the same period a year earlier. Sales of fully electric cars rose 12% during the quarter, the company said, resulting in increased market share in the premium fully electric segment in Europe. Fully electric models accounted for 23.7% of total sales, while plug-in hybrids made up 23.6%. Together, electrified models represente…

Volvo Q1 2026 Sales Drop 11% as EV Deliveries Rise 12%

Volvo Cars reported global sales of 153,316 vehicles in the first quarter of 2026, marking an 11% decline compared to the same period last year. Despite the overall drop, the Swedish automaker continues to gain momentum in electrification, with fully electric vehicle sales rising 12% year-over-year.The growth in EV deliveries highlights a steady transition toward electrification, even as the global automotive market faces mounting challenges, in…