Volvo Car Canada Ltd. Reports Third Quarter Sales Results

RICHMOND HILL, ON (October 2, 2026) – Volvo Car Canada today announced Q3 2026 sales results. In the third quarter of 2026, the company reported sales of 3,645 vehicles (-13.2 percent compared to Q3 2025). This number included 1,067 electrified vehicles, those equipped with a fully electric or plug-in hybrid powertrain (-28.6 percent compared to Q3 2025), accounting for 29 percent of total sales.

The XC60 mid-size luxury SUV and XC90 full-size luxury SUV continued to lead the lineup in the third quarter, with 1,269 units and 1,020 units sold respectively. Year-to-date, the XC90 is the growth leader continuing its strong momentum, posting growth of 12.5 percent.

Year-to-date, Volvo Car Canada has delivered 10,940 vehicles, up 1.0 percent compared to the same period last year. Fully electric vehicle sales are also up 5.0 percent year-to-date, reflecting continued customer interest in Volvo's growing electrified portfolio.

"While market conditions remain challenging, we're encouraged by the resilience of our business and continued customer demand for our core SUV lineup," said Matt Girgis, Managing Director, Volvo Cars Canada. "Our XC60 and XC90 continue to resonate strongly with Canadian customers, while our fully electric portfolio remains an important part of our long-term growth strategy. As we enter the final quarter of the year, we remain focused on delivering the products our customers want while continuing our transition toward electrification."

Q3 2026 Sales by Powertrain:

Q3 2026 Sales by Model:

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Contact:
Jennifer Okoeguale
Media Relations
Volvo Car Canada Ltd 
+1 647-881-6878
jennifer.okoeguale@volvocars.com

About Volvo Car Canada Ltd.
Volvo Car Canada Ltd. is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCCL provides marketing, sales, parts, service, technology, and training support to the 37 Volvo automobile retailers across Canada. For more information, please refer to the Volvo Cars Canada media website at: www.volvocars.com/en-ca/media/

About Volvo Car Group   
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.   
 
"For life. To provide freedom to move in a personal, sustainable and safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to achieve net-zero greenhouse gas emissions by 2040.   
 
In 2025, Volvo Cars sold over 710 thousand cars, with an electrified share of 46%. Volvo Cars on average employed 42,600 full-time employees. Volvo Cars' head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars' production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The company also has R&D and design centres in Gothenburg and Shanghai (China).