Volvo Worldwide Vehicle Sales Report

2022 Volvo worldwide sales reached 615,000 vehicles for $31.7 billion USD revenue. Unit volume was down 12% year over year. Revenue was up 1%, but profit was down due to an increase in cost of 6%.

2021 profit soared because cost dropped faster than revenue. This created short term gains, but was not sustainable. Long term gains are achieved by steady increases in revenue and cost.

We converted Swedish Krona to US Dollars for this Volvo global sales report using conversions rate from December 31st of each year listed.

The profit displayed is gross profit after the cost of materials is subtracted, but before administrative fees.

Volvo Worldwide Sales Report
Year	Data	Stats	Status
2022	Volvo Sales	615,121	↓ 12%
	Revenue	31.7 Billion	↑ 1%
	Cost	25.9 Billion	↑ 6%
	Profit	5.8 Billion	↓ 13%
	Per Vehicle	$9,429	↓ 2%
2021	Volvo Sales	698,700	↑ 6%
	Revenue	31.2 Billion	↓ 3%
	Cost	24.5 Billion	↓ 7%
	Profit	6.7 Billion	↑ 20%
	Per Vehicle	$9,589	↑ 13%
2020	Volvo Sales	661,700	↓ 6%
	Revenue	32.1 Billion	↑ 10%
	Cost	26.5 Billion	↑ 12%
	Profit	5.6 Billion	↑ ↓
	Per Vehicle	$8,463	↑ 7%
2019	Volvo Sales	705,452	↑ 10%
	Revenue	29.3 Billion	↑ 4%
	Cost	23.7 Billion	↑ 4%
	Profit	5.6 Billion	↑ 2%
	Per Vehicle	$7,938	↓ 7%
2018	Volvo Sales	642,253	↑ 12%
	Revenue	28.3 Billion	↑ 10%
	Cost	22.8 Billion	↑ 13%
	Profit	5.5 Billion	↓ 3%
	Per Vehicle	$8,564	↓ 14%
2017	Volvo Sales	571,577	↑ 7%
	Revenue	25.8 Billion	↑ 30%
	Cost	20.1 Billion	↑ 29%
	Profit	5.7 Billion	↑ 33%
	Per Vehicle	$9,972	↑ 24%
2016	Volvo Sales	534,332	↑ 6%
	Revenue	19.9 Billion	↑ 2%
	Cost	15.6 Billion	↑ 3%
	Profit	4.3 Billion	↑ ↓
	Per Vehicle	$8,047	↓ 6%
2015	Volvo Sales	503,127	↑ 8%
	Revenue	19.5 Billion	↑ 11%
	Cost	15.2 Billion	↑ 4%
	Profit	4.3 Billion	↑ 43%
	Per Vehicle	$8,547	↑ 33%
2014	Volvo Sales	465,866	↑ 9%
	Revenue	17.6 Billion	↓ 7%
	Cost	14.6 Billion	↓ 8%
	Profit	3 Billion	↓ 6%
	Per Vehicle	$6,439	↓ 14%
2013	Volvo Sales	427,840	↑ 1%
	Revenue	19 Billion	↓ 1%
	Cost	15.8 Billion	↓ 2%
	Profit	3.2 Billion	↑ 7%
	Per Vehicle	$7,479	↑ 5%
2012	Volvo Sales	421,951	↓ 6%
	Revenue	19.1 Billion	↑ 5%
	Cost	16.1 Billion	↑ 7%
	Profit	3 Billion	↓ 6%
	Per Vehicle	$7,109	↓ 1%
2011	Volvo Sales	449,255
	Revenue	18.2 Billion
	Cost	15 Billion
	Profit	3.2 Billion
	Per Vehicle	$7,123
2023 Outlook	Global Units	665,000
	Global Revenue	35 Billion
	Cost of Sales	29 Billion
	Global Gross Profit	6 Billion
	Per Vehicle	$9,023

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