US: Volvo Plug-In Car Sales Decreased By 30% In August 2022

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US: Volvo Plug-In Car Sales Decreased By 30% In August 2022
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US: Volvo Plug-In Car Sales Decreased By 30% In August 2022 via insideevs.com

Volvo Cars reports almost a 24% decrease in car sales in the US in the month of August, to 8,136. That's another significant decrease, after nearly 41% in July. Year-to-date, the company sold 65,589 cars, which is almost 24% less than a year ago.

The company has been clearly struggling with the vehicle supply for quite some time, explaining basically every time that demand remains robust. Unfortunately, supply issues with plug-in models appears to be even bigger in the recent months, as we can see a much deeper decrease in sales. Last month, a total of 1,380 plugs-in were sold, which is 30% less than a year ago . Volvo Recharge models stand for 17% of the total Volvo volume.

There is a hope that things will improve later this year, but as usual, there is no guarantee, especially considering how challenging the current economy is.Volvo Recharge sales in the US - August 2022Volvo plug-in car sales year-to-date in 2022:

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