The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Volvo Cars Sets All-Time Record for August

All-New Volvo S40 Leads the Way Establishing New Mark for Segment

IRVINE, Calif., Sept. 1 -- Volvo Cars of North America, LLC (VCNA) reports its best August on record for the United States. With 12,616 units sold, Volvo maintains its trend of continuous growth ratcheting up 6.2 percent over the same period last year. Year-to-date, Volvo is 3.1 percent ahead of the record pace set in 2003.

"The brand is showing strength in a competitive marketplace with our new entries resonating with consumers," said Vic Doolan, VCNA President and CEO. The all-new Volvo S40 has really taken off producing the highest totals ever for Volvo in the segment. "We approached this segment by infusing safety and excitement with the customer in mind, and based on the response to our class leading all-new S40, we're hitting the mark," said Doolan.

The all-new S40 contributed 2,347 units to U.S. results, representing an increase of 105 percent for the segment. The Volvo V70, XC70, and S80 also saw significant increases to sales. And beginning this month, the '05 model S60, V70, and XC70 arrive to showrooms, available with more options and more horsepower.

NAFTA (United States, Puerto Rico, Canada, and Mexico) sales of 13,891 translated to an increase of 7.5 percent for August. Sales in Canada were up 16.1 percent. Sales in Mexico increased and impressive 56.5 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 Volvo automobile model line includes the award-winning 2004.5 all-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 flagship S80 luxury sedan, versatile V70 wagon and rugged XC70 (Cross Country), the C70 convertible, and the compact S40 and V40 models.

  Volvo Media Website: www.volvocars-pr.com

  VOLVO CARS OF NORTH AMERICA, LLC
  Retail Sales by Model                                         01-Sep-04

                                UNITED STATES
                            August *                  Year-to-Date *
                     2004     2003      %        2004      2003       %

  Volvo Model
  S40                 12     1,150    -99.0%    4,718     9,654    -51.1%
  All New S40       2,347     n/a      n/a      10,403     n/a       n/a
  V40                 78      292     -73.3%    1,455     2,169    -32.9%
  V50                226      n/a      n/a       594       n/a       n/a
  S60               2,576    3,491    -26.2%    21,043    25,112   -16.2%
  V70                994      792     25.5%     7,667     8,213     -6.6%
   XC70             2,188    1,654    32.3%     11,431    11,518    -0.8%
  C70                278      598     -53.5%    2,934     3,101     -5.4%
  S80               1,361    1,094    24.4%     9,649     9,507     1.5%
  XC90              2,556    2,814    -9.2%     24,162    21,972    10.0%

  USA TOTAL         12,616   11,885    6.2%     94,056    91,246    3.1%

                                    CANADA
                             August                    Year-to-Date
                     2004     2003      %        2004      2003       %
  Volvo Model
  S40                 3        84     -96.4%     277       818     -66.1%
  All New S40        169      n/a      n/a       349       n/a       n/a
  V40                 1        57     -98.2%     161       532     -69.7%
  V50                 69      n/a      n/a       125       n/a       n/a
  S60                153      272     -43.8%    2,164     2,060     5.0%
  V70                 38       73     -47.9%     883       761      16.0%
  XC70               248      168     47.6%     1,405     1,380     1.8%
  C70                 6        4      50.0%       90        47      91.5%
  S80                 33       36     -8.3%      357       319      11.9%
  XC90               256      147     74.1%     1,640     1,520     7.9%

  CANADA TOTAL       976      841     16.1%     7,451     7,437     0.2%

                                    MEXICO
                             August                    Year-to-Date
                     2004     2003      %        2004      2003       %

  Volvo Model
  S40                 4        94     -95.7%     213       764     -72.1%
  All New S40        173      n/a      n/a       728       n/a       n/a
  V40                 1        0      100.0%      9         12     -25.0%
  V50                 0       n/a      n/a        0        n/a       n/a
  S60                 32       51     -37.3%     415       480     -13.5%
  V70                 0        0       n/a        0         4      -100.0%
   XC70               1        2      -50.0%      10        14     -28.6%
  C70                 2        1      100.0%      9         12     -25.0%
  S80                 5        9      -44.4%      83       120     -30.8%
  XC90                81       34     138.2%     578       393      47.1%

  MEXICO TOTAL       299      191     56.5%     2,045     1,799     13.7%

  NAFTA TOTAL       13,891   12,917    7.5%    103,552   100,482    3.1%

  *U.S. totals include Puerto Rico