Volvo Car USA's make meeting was a celebratory one.
The Swedish automaker sold more vehicles in the U.S. last year than it has in a dozen years, with deliveries up 10 percent.
"It was an extraordinary good year, with growth 12 months in a row," CEO Anders Gustafsson told Automotive News after the meeting. "Also, we reached [sales of] over 100,000 cars."
At the meeting, held the day before Volvo's annual dealer meeting, Gustafsson gave dealers an overview of where Volvo is headed from a brand and product perspective, according to some attendees. Gustafsson assured dealers he has a plan to tackle the four horsemen of the auto industry apocalypse: connectivity, electrification, mobility and autonomy.
Electrification will put pressure on margins, he said. Even so, the CEO admitted to not having a crystal ball.