Volvo Cars Reports All-Time Record July for North America
Sales of 11,633 Units in the U.S. Lead to Ninth Consecutive Monthly Increase
IRVINE, Calif., Aug. 1 -- Volvo Cars of North America, LLC. (VCNA) sales in the United States reached 11,633 for the month, recording the best July on record. For the ninth month in a row, Volvo has surpassed its year over year monthly comparison. July sales represent a 15.3 percent increase compared to the same period a year ago.
"Consumers are responding positively to Volvo safety, quality, value, and excitement. Our newest products like our XC90 and R models (S60/V70), as well as our C70 Convertible -- first introduced in 1997 -- sold at peak levels during July," said Vic Doolan, VCNA President and CEO. "This is the kind of momentum that will serve Volvo well in the months ahead."
Impressive results by the XC90, V70, C70, and the limited production S60 R -- named european car magazine "Car of the Year" -- have led the way to a 23.9 percent increase in sales year-to-date in the U.S.
Overall, sales for NAFTA (United States -- including Puerto Rico,* Canada, and Mexico) were 12,844 units -- up 15.9 percent compared to the same period last year. Volvo sales in North America for the year are 22.5 percent ahead of 2002.
Volvo sales in Canada increased 20.2 percent for the month, as did sales in Mexico -- up 29.8 percent.
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, Canada, Mexico and Puerto Rico. The 2003 Volvo automobile line includes the award-winning XC90, the sporty S60 sedan -- including the award-winning performance sedan -- S60 R and its performance wagon counterpart -- V70 R, the flagship S80 luxury sedan, versatile V70 wagon and rugged XC70 (Cross Country), the C70 convertible, and the compact S40 and V40 models.
* U.S. results include Puerto Rico for 2003
VOLVO CARS OF NORTH AMERICA, LLC
Retail Sales by Model
UNITED STATES
July Year-to-Date
2003* 2002 % 2003* 2002 %
Volvo Model
S40 1,187 1,999 -40.6% 8,504 9,449 -10.0%
V40 231 248 -6.9% 1,877 1,630 15.2%
S60 3,036 3,504 -13.4% 21,621 23,864 -9.4%
V70 872 712 22.5% 7,421 5,915 25.5%
XC70 1,123 2,083 -46.1% 9,864 11,905 -17.1%
C70 482 344 40.1% 2,503 2,296 9.0%
S80 991 1,201 -17.5% 8,413 9,004 -6.6%
XC90 3,711 n/a n/a 19,158 n/a n/a
USA TOTAL 11,633 10,091 15.3% 79,361 64,063 23.9%
CANADA
July Year-to-Date
2003 2002 % 2003 2002 %
Volvo Model
S40 107 94 13.8% 734 841 -12.7%
V40 61 63 -3.2% 475 528 -10.0%
S60 245 331 -26.0% 1,788 2,025 -11.7%
V70 104 107 -2.8% 688 790 -12.9%
XC70 176 154 14.3% 1,212 1,143 6.0%
C70 11 10 10.0% 43 83 -48.2%
S80 50 53 -5.7% 283 397 -28.7%
XC90 222 n/a n/a 1,373 n/a n/a
CANADA TOTAL 976 812 20.2% 6,596 5,807 13.6%
MEXICO
July Year-to-Date
2003 2002 % 2003 2002 %
Volvo Model
S40 92 104 -11.5% 670 837 -20.0%
V40 5 3 66.7% 12 28 -57.1%
S60 63 40 57.5% 429 501 -14.4%
V70 0 3 -100.0% 4 12 -66.7%
XC70 2 6 -66.7% 12 48 -75.0%
C70 1 0 100% 11 18 -38.9%
S80 20 25 -20.0% 111 153 -27.5%
XC90 52 n/a n/a 359 n/a n/a
MEXICO TOTAL 235 181 29.8% 1,608 1,597 0.7%
NAFTA TOTAL 12,844 11,084 15.9% 87,565 71,467 22.5%
* USA Totals include Puerto Rico for 2003
NOTE TO EDITORS: Volvo Media Website: www.volvocars-pr.com