Volvo Car’s Sales Results in Japan in 2022

Volvo Car Japan sold 16,166 units in Japan in 2022, down 2.8% from the previous year. Despite being hampered by delays in delivery and soaring vehicle prices, Volvo’s share in the imported vehicle market increased by 0.3 point to 6.7%, and in the foreign brand market went up by 0.4 point to 5.2%. Volvo’s top three models in Japan were the XC40 (sold 5,866 units, down 8.8%), XC60 (sold 4,003 units, up 12.9%) and V60 (sold 3,113 units, down 18.3%) in 2022.