Volvo Cars Reports Steady April 2005 Sales for North America
IRVINE, Calif., May 3, 2005 -- Volvo Cars of North America, LLC (VCNA) reported that its sales in North America (United States*, Canada, and Mexico) were up slightly for the month of April, with an increase of 0.9 percent compared to the same period last year. April has been a strong selling month for Volvo in recent years, and 2005 missed the 'all-time April' mark by a slim margin.
Sales in Canada and Mexico made significant contributions to overall NAFTA results. Canada reported an 11.8 percent increase, with 1,163 units sold -- its best April ever. Meanwhile, Mexico continued its growing trend with a 21.4 rise in sales -- 306 units sold. Sales in the United States* of 10,743 units was just short of last year's 10,788 sales.
On the product lines, the new S40 and new V50 continue to grow the segment. And, the Volvo XC70 continues to capture adventuresome spirits as its sales are up 3.5 percent. In addition, the XC90 V8 revved up its best month since introduction, as significant supplies made their way through the pipeline to meet consumer demands. Volvo's first V8 is the first V8 engine launched to meet ULEV II emission standards in addition to its legendary Volvo safety features. The transversely-mounted power plant is also a class leader for fuel-efficiency in its segment, a major attribute as gas prices continue to be a concern for most Americans.
"We are proud of our product range meeting the needs of today's modern families and lifestyles," said Anne Belec, Volvo Cars of North America, president and CEO. "With safety at our core and added driving excitement, we are focused to provide quality customer experiences -- the 'Volvo Way' -- in this extremely competitive North American market."
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 2005 Volvo Cars model line-up 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 flagship S80 luxury sedan; versatile V70 wagon and rugged XC70 (Cross Country); and, the C70 convertible.
* U.S. Sales include Puerto Rico
VOLVO CARS OF NORTH AMERICA, LLC
Retail Sales by Model 03-May-05
UNITED STATES
April* Year-to-Date*
2005 2004 % 2005 2004 %
Volvo Model
S40 1 131 -99.2% 3 4,623 -99.9%
All New S40 2,117 1,272 66.4% 8,536 2,194 289.1%
V40 3 235 -98.7% 5 811 -99.4%
V50 531 0 n/a 1,993 n/a n/a
S60 2,222 2,543 -12.6% 8,552 11,105 -23.0%
V70 694 868 -20.0% 2,667 3,756 -29.0%
XC70 1,032 997 3.5% 4,443 4,303 3.3%
C70 279 439 -36.4% 976 1,338 -27.1%
S80 839 1,090 -23.0% 4,027 4,578 -12.0%
XC90 3,025 3,233 -6.4% 11,763 11,588 1.5%
USA TOTAL 10,743 10,808 -0.6% 42,965 44,296 -3.0%
CANADA
April Year-to-Date
2005 2004 % 2005 2004 %
Volvo Model
S40 0 38 -100.0% 0 227 -100.0%
All New S40 172 n/a n/a 700 n/a n/a
V40 0 11 -100.0% 0 139 -100.0%
V50 91 n/a n/a 338 n/a n/a
S60 313 425 -26.4% 737 1,157 -36.3%
V70 128 181 -29.3% 288 471 -38.9%
XC70 187 139 34.5% 670 538 24.5%
C70 4 14 -71.4% 7 29 -75.9%
S80 26 55 -52.7% 79 220 -64.1%
XC90 242 177 36.7% 922 692 33.2%
CANADA TOTAL 1,163 1,040 11.8% 3,741 3,473 7.7%
MEXICO
April Year-to-Date
2005 2004 % 2005 2004 %
Volvo Model
S40 0 22 -100.0% 3 181 -98.3%
All New S40 162 122 32.8% 548 122 349.2%
V40 0 0 n/a 0 5 n/a
V50 3 0 n/a 13 n/a n/a
S60 53 28 89.3% 173 219 -21.0%
V70 0 0 n/a 0 0 n/a
XC70 2 1 100.0% 8 6 33.3%
C70 1 2 -50.0% 4 6 -33.3%
S80 13 6 116.7% 45 49 -8.2%
XC90 72 71 1.4% 344 299 15.1%
MEXICO TOTAL 306 252 21.4% 1,138 887 28.3%
NAFTA TOTAL 12,212 12,100 0.9% 47,844 48,656 -1.7%
* U.S. totals include Puerto Rico