Volvo Car Malaysia Achieves Record Sales Performance in 2022

Volvo Car Malaysia continues its rapid growth in Malaysia by closing 2022 with a record of 3,194 total sales from all car models.

The achievement marked a seventh consecutive year of sales growth for the automotive company with a 43 per cent increase from the previous year – a record high for Volvo Car Malaysia. In addition to that, December 2022 marked Volvo Car Malaysia’s most successful month as it closes the year, registering more than 395 units of sales.

The milestones in sales growth are spurred by the launch of its first two locally assembled electric vehicles, the Volvo XC40 Recharge Pure Electric and Volvo C40 Recharge Pure Electric. Launched in March 2022, the Volvo XC40 Recharge Pure Electric was an astounding success, with the company still fulfilling deliveries of cars with a healthy order bank ongoing for the year 2023. The Volvo C40 Recharge Pure Electric also saw encouraging responses from buyers, with more than 100 cars ordered online merely 10 days after its launch on 14 December 2022.

Both cars, assembled in the Volvo manufacturing plant in Shah Alam, are the first two locally assembled pure electric vehicles sold in Malaysia, to further solidify Volvo Car Malaysia’s position as the leader in locally assembling electric vehicles in Malaysia. Volvo Car Malaysia is committed towards its global ambition of sustainability and on track to becoming a fully electric vehicle company by 2030. Volvo Car Malaysia also aims for 75 per cent of its sales to come from their Recharge Pure Electric lineup by 2025.