Sales up in 2023 for Volvo CE but ‘weaker market’ ahead

Andy Brown Head of Content, Construction and Engagement

29 January 2024

Volvo Construction Equipment (Volvo CE) has announced that it saw an overall increase in net sales in 2023 compared to 2022, despite sales declining in the fourth quarter of the year.

For the full year 2023 Volvo CE saw sales of SEK104,981 (US$10.03 billion) an increase from SEK100,261 (US$9.57 billion) in 2022. Both Europe and North America saw sales increase over the year, although sales in South America and Asia were both down. Sales in Africa and Oceania also increased.…

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