In this first se­mes­ter, Vol­vo cars grew more than 80 per cent in its sales in T&T, com­pared to the same pe­ri­od in 2021.

Ac­cord­ing to a state­ment from the com­pa­ny, this means that dur­ing this pe­ri­od there were more than 60 new Vol­vo cars run­ning in the coun­try.

These num­bers re­sult­ed in a 21 per cent mar­ket share in the pre­mi­um cat­e­go­ry and the Swedish brand ranked third, the state­ment added.

“The re­sults in­di­cate that we are walk­ing to the right place. Our cus­tomers are very open to buy­ing our hy­brids and ful­ly elec­tric cars. We are very hap­py to share this news and cel­e­brate a new mo­ment of the brand,” Vir Sie­u­nar­ine, brand man­ag­er of Vol­vo at Massy Mo­tors Group, said.

Much of these re­sults came from sales of Vol­vo’s XC40 and XC90 mod­els.

These mod­els hit the num­ber one sales spot in their seg­ment (C-SUV and E-SUV) with more than 20 units, the state­ment al­so not­ed.

Tar­cí­sio Triv­iño, man­ag­ing di­rec­tor Im­porters of Vol­vo Cars Latam Hub, said, “For us, it is a great ho­n­our to have two of our cars reach the top spot in their seg­ments. This proves we have a lot to of­fer and al­so to grow in our mar­ket.”

In ad­di­tion to the growth in sales, the Massy Mo­tors Group has al­so grown in its struc­ture with its new Vol­vo show­room at La­dy Young Road Mor­vant, Port-of-Spain which is al­so ex­pect­ed to in­crease sales 30 per cent.

“The de­ci­sion to open a new show­room fol­lows a very clear strat­e­gy be­cause al­though sales have grown, our in­ten­tion is to keep de­vel­op­ing even more in the T&T mar­ket. We have a lot of ex­cit­ing news com­ing and we hope to new tech­nolo­gies that fur­ther en­cour­age elec­tri­fi­ca­tion,” Triv­iño added.

Vol­vo Cars was found­ed in 1927 and as of De­cem­ber 2020, it em­ployed ap­prox­i­mate­ly 40,000 peo­ple.