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Volvo Cars of North America Sales Report for August 2005

IRVINE, Calif., Sept. 1 -- Volvo Cars of North America, LLC. report sales of 10,826 units for the month in the United States, representing a 14 percent decrease compared to the best August on record turned in last year.

Overall, NAFTA (Canada, Mexico, and the United States, including Puerto Rico) sales reached 12,159 units -- 12 percent off the 2004 mark. In August, Volvo Cars Canada reported sales up nearly 7 percent, with 1,042 units sold. Volvo Cars Mexico sold 291 units -- a slight decrease compared to the same period last year. Year-to-date Canada and Mexico remain ahead of last year, while NAFTA is 4 percent off its record pace of 2004.

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 recently introduced 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 flagship 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-Sep-05

                              UNITED STATES

                             August *                  Year-to-Date *
                      2005     2004       %        2005     2004      %
   Volvo Model
   S40                   0       12   -100.0%         4    4,718   -99.9%
   All New S40       2,296    2,347     -2.2%    17,317   10,403    66.5%
   V40                   1       78    -98.7%         7    1,455   -99.5%
   V50                 514      226    127.4%     3,943      594   563.8%
   S60               2,166    2,576    -15.9%    18,309   21,045   -13.0%
   V70                 628      994    -36.8%     5,426    7,667   -29.2%
   XC70              1,424    2,188    -34.9%    10,096   11,431   -11.7%
   C70                  34      278    -87.8%     1,402    2,934   -52.2%
   S80                 990    1,361    -27.3%     7,656    9,649   -20.7%
   XC90              2,773    2,556      8.5%    24,244   24,162     0.3%

   USA TOTAL        10,826   12,616    -14.2%    88,404   94,058    -6.0%

                                  CANADA

                             August                    Year-to-Date
                      2005    2004        %        2005     2004       %
   Volvo Model
   S40                   0       3    -100.0%         0      277   -100.0%
   All New S40         165     169      -2.4%     1,484      349    325.2%
   V40                   0       1    -100.0%         0      161   -100.0%
   V50                 103      69      49.3%       750      125    500.0%
   S60                 196     153      28.1%     1,602    2,164    -26.0%
   V70                 109      38     186.8%       717      883    -18.8%
   XC70                262     248       5.6%     1,595    1,405     13.5%
   C70                   0       6    -100.0%         7       90    -92.2%
   S80                  37      33      12.1%       201      357    -43.7%
   XC90                170     256     -33.6%     1,818    1,640     10.9%

   CANADA TOTAL      1,042     976       6.8%     8,174    7,451      9.7%

                                  MEXICO

                             August                    Year-to-Date
                      2005    2004        %        2005     2004       %
   Volvo Model
   S40                   0       4    -100.0%         3      213    -98.6%
   All New S40         100     173     -42.2%     1,161      728     59.5%
   V40                   0       1    -100.0%         0        9   -100.0%
   V50                  12       0       n/a         45        0      n/a
   S60                  61      32      90.6%       318      415    -23.4%
   V70                   0       0       n/a          0        0      n/a
   XC70                  1       1       0.0%        17       10     70.0%
   C70                   1       2     -50.0%         6        9    -33.3%
   S80                   5       5       0.0%        77       83     -7.2%
   XC90                111      81      37.0%       821      578     42.0%

   MEXICO TOTAL        291     299      -2.7%     2,448    2,045     19.7%

   NAFTA TOTAL      12,159  13,891     -12.5%    99,026  103,554     -4.4%

   *  U.S. totals include Puerto Rico