Volvo XC60 Overtakes the Iconic 240 in Global Sales
Volvo just rewrote its own record book. With over 2.7 million units sold globally, the Volvo XC60 is now the best-selling Volvo model of all time, overtaking the legendary Volvo 240, which held the title for decades.
Introduced in 2008, the XC60 quickly became the company's core product. Its combination of mid-size SUV utility, plug-in hybrid technology, and benchmark safety has turned it into a global staple for families and daily commuters alike.
Key Figures and Market Impact
Here's what Volvo has accomplished with the XC60 to date:
Metric | Value |
---|---|
Total Global Sales | 2.7 million+ units |
Sales of Volvo 240 | 2.685 million units |
UK Sales Since 2008 | Over 160,000 units |
2024 UK Sales | 12,810 units |
Record Operating Profit (2024) | ~$2.5 billion USD (SEK 27B) |
2024 Global Revenue | ~$36.9 billion USD (SEK 400.2B) |
Global Vehicles Sold (2024) | 763,389 units |
What Drives the XC60's Success
Volvo didn’t stumble into success. The XC60 checks three critical boxes:
- Broad drivetrain availability: Gasoline, mild hybrid, and plug-in hybrid variants are available in most markets.
- Advanced safety systems: The car pioneered systems like City Safety and Oncoming Lane Mitigation, both now widespread in the industry.
- Global manufacturing: Built in Sweden and China, the model supports local market penetration while keeping global supply chain costs under control.