Kuala Lumpur 7th January, 2022 - Volvo Car Malaysia today announced its sales and performance results for the year 2021, closing the past year strongly with total sales of 2,229 units, a 14.3% increase from the previous year.

This marked the sixth consecutive year of sales growth, a positive sign for further growth into the coming year.  Furthermore, the sale of 2,229 units also sets a new record for the highest sales performance since the establishment of Volvo Car Malaysia. Another milestone was the highest sales performance per month on record, with 524 units sold in December 2021 alone. Almost 73 per cent of all new Volvo cars sold in Malaysia were Recharge models.



Volvo Car Malaysia Highest Ever Sales Performance

Charles Frump, Managing Director of Volvo Car Malaysia, shared: "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."

On a global scale, Volvo Cars sales grew by 5.6 per cent to 698,693 cars in the full year 2021. This results also demonstrated the continued popularity of Volvo Cars’ Recharge line-up of cars with a fully electric or plug-in hybrid powertrain. Sales of Recharge models grew by 63.9 per cent in 2021, compared with 2020. Recharge cars made up 27 per cent of the company’s total sales volume in 2021. Almost 40 per cent of all new Volvo cars sold in December were Recharge models, whereof fully electric cars made up 7.4 per cent.

Volvo Car Malaysia Closes 2021 With Highest Ever Sales Performance, Recording a 14.3% Increase