Swedish automaker Volvo Cars announced Tuesday that global vehicle deliveries dropped 10% during the February through April timeframe compared to the same three-month period last year, totaling 162,864 units sold worldwide.
The company faced headwinds in major markets, with Chinese sales continuing to struggle due to intense competition and broader economic challenges. Meanwhile, American market deliveries were impacted by declining consumer confidence, reduced interest in electric vehicles, and pricing pressures on sport utility vehicles.
Despite overall declining sales, Volvo’s electrified vehicle segment showed mixed results. Electric and hybrid models combined represented 48% of all vehicles delivered during the period. Pure electric vehicle sales climbed 14% to reach 39,235 units, comprising 24% of total deliveries, while plug-in hybrid sales decreased by 12%.
“The automotive industry continues to face challenging market conditions which are reflected in the sales performance for the three-month period ending April 2026,” the company stated in its announcement.
Europe, which serves as Volvo’s primary market region, demonstrated stronger performance with steady order volumes, particularly for fully electric models. The automaker noted that electric vehicle deliveries have increased for seven straight months, with the EX30 and EX40 models leading the growth.
