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Volvo Cars of North America Sales Report for September 2005

IRVINE, Calif., Oct. 3, 2005 -- Volvo Cars of North America, LLC. reports sales of 9,542 units for September in the United States. The total for the month brings year-to-date sales to just under 100,000 units, which trails the 2004 record pace by 6 percent.

Overall, NAFTA (the United States including Puerto Rico, Canada, and Mexico) year-to-date sales are 5 percent behind last years' mark. While unit sales for the month are down in both Canada and Mexico, year-to-date Volvo Canada reports sales 4 percent ahead of its 2004 pace and Volvo sales in Mexico are 12 percent up for the same period.

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 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

                              UNITED STATES

                           September*                 Year-to-Date*
                     2005     2004      %       2005      2004       %
   Volvo Model
   S40                  0        3   -100.0%        4    4,721   -99.9%
   All New S40      2,239    2,020     10.8%   19,556   12,423    57.4%
   V40                  1       33    -97.0%        8    1,488   -99.5%
   V50                557      335     66.3%    4,500      929   384.4%
   S60              1,782    1,561     14.2%   20,091   22,606   -11.1%
   V70                569      767    -25.8%    5,995    8,434   -28.9%
   XC70             1,150    1,457    -21.1%   11,246   12,888   -12.7%
   C70                 17      294    -94.2%    1,419    3,228   -56.0%
   S80                665      874    -23.9%    8,321   10,523   -20.9%
   XC90             2,562    3,222    -20.5%   26,806   27,384    -2.1%

   USA TOTAL        9,542   10,566     -9.7%   97,946  104,624    -6.4%

                                  CANADA

                           September                  Year-to-Date
                     2005     2004      %       2005      2004       %
   Volvo Model
   S40                  0        1   -100.0%        0      278  -100.0%
   All New S40        144      234    -38.5%    1,628      583   179.2%
   V40                  0        2   -100.0%        0      163  -100.0%
   V50                 78       70     11.4%      828      195   324.6%
   S60                153      286    -46.5%    1,755    2,450   -28.4%
   V70                128       75     70.7%      845      958   -11.8%
   XC70                95      197    -51.8%    1,690    1,602     5.5%
   C70                  0        6   -100.0%        7       96   -92.7%
   S80                 41       33     24.2%      242      390   -37.9%
   XC90               168      257    -34.6%    1,986    1,897     4.7%

   CANADA TOTAL       807    1,161    -30.5%    8,981    8,612     4.3%

                                  MEXICO

                           September                  Year-to-Date
                     2005     2004      %       2005      2004       %
   Volvo Model
   S40                  0        5   -100.0%        3      218   -98.6%
   All New S40         66      140    -52.9%    1,227      868    41.4%
   V40                  0        0     n/a          0        9  -100.0%
   V50                  9        0     n/a         54        0    n/a
   S60                 33       51    -35.3%      351      466   -24.7%
   V70                  0        0     n/a          0        0    n/a
   XC70                 1        0     n/a         18       10    80.0%
   C70                  0        1   -100.0%        6       10   -40.0%
   S80                  7       10    -30.0%       84       93    -9.7%
   XC90                75      101    -25.7%      896      679    32.0%

   MEXICO TOTAL       191      308    -38.0%    2,639    2,353    12.2%

   NAFTA TOTAL     10,540   12,035    -12.4%  109,566  115,589    -5.2%

   *U.S. totals include Puerto Rico