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Volvo Cars of North America Reports November 2005 Sales

IRVINE, Calif., Dec. 1, 2005 -- Volvo Cars of North America, LLC. (VCNA) reports sales of 9,444 units for November, representing a 21.5 percent decrease compared to the same period last year.

For the month, unit sales in North America were as follows: United States* -- 8,111; Canada -- 1,014; and, Mexico -- 319.

VCNA, part of the Volvo Car Corporation of Gothenburg, Sweden, provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, and oversees Volvo operations in Canada, Mexico and Puerto Rico.

Volvo has been building cars with Safety in mind for over 75 years. The current 2006 model line-up of Volvo Cars includes: the award-winning new S40 and its wagon counterpart the all-new V50; the award-winning XC90; the sporty S60 sedan -- including the award-winning performance sedan -- S60 R and the performance wagon version -- V70 R; the S80 luxury sedan; the versatile V70 wagon and rugged XC70 (Cross Country).

  * U.S. sales include Puerto Rico

  VOLVO CARS OF NORTH AMERICA, LLC

  Retail Sales by Model                                          01-Dec-05

                              UNITED STATES
                             November *                  Year-to-Date *
                     2005      2004         %      2005      2004        %
  Volvo Model
  S40                   0         0       n/a         4     4,618   -99.9%
  All New S40       1,507     2,459    -38.7%    22,963    17,114    34.2%
  V40                   0        15   -100.0%         8     1,501   -99.5%
  V50                 376       506    -25.7%     5,313     1,928   175.6%
  S60               1,557     1,678     -7.2%    23,132    26,102   -11.4%
  V70                 402       794    -49.4%     6,845     9,931   -31.1%
  XC70                740       933    -20.7%    13,118    15,000   -12.5%
  C70                   5       239    -97.9%     1,434     3,780   -62.1%
  S80                 644     1,160    -44.5%     9,670    12,721   -24.0%
  XC90              2,880     3,105     -7.2%    32,276    34,165    -5.5%

  USA TOTAL         8,111    10,889    -25.5%   114,763   126,860    -9.5%

                                  CANADA
                             November                    Year-to-Date
                     2005      2004         %      2005      2004        %
  Volvo Model
  S40                   0         0       n/a         0       279  -100.0%
  All New S40         166       237    -30.0%     1,953     1,133    72.4%
  V40                   0         0       n/a         0       163  -100.0%
  V50                  66        89    -25.8%       980       401   144.4%
  S60                 155       159     -2.5%     2,102     2,743   -23.4%
  V70                  80        37    116.2%       992     1,033    -4.0%
  XC70                198        76    160.5%     2,020     1,779    13.5%
  C70                   0         2   -100.0%         7        99   -92.9%
  S80                  48        49     -2.0%       335       490   -31.6%
  XC90                301       171     76.0%     2,558     2,260    13.2%

  CANADA TOTAL      1,014       820     23.7%    10,947    10,380     5.5%

                                  MEXICO
                             November                    Year-to-Date
                     2005      2004         %      2005      2004        %
  Volvo Model
  S40                   0         6   -100.0%         3       229   -98.7%
  All New S40         170       144     18.1%     1,532     1,283    19.4%
  V40                   0         0       n/a         0         9  -100.0%
  V50                   1         2    -50.0%        60        10      n/a
  S60                  34        51    -33.3%       419       618   -32.2%
  V70                   0         0       n/a         0         0      n/a
  XC70                  1         0       n/a        19        10    90.0%
  C70                   0         0       n/a         6        13   -53.8%
  S80                   5         7    -28.6%       100       127   -21.3%
  XC90                108       111     -2.7%     1,092     1,057     3.3%

  MEXICO TOTAL        319       321     -0.6%     3,231     3,346    -3.4%

  NAFTA TOTAL       9,444    12,030    -21.5%   128,941   140,586    -8.3%

  *U.S. totals include Puerto Rico