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Volvo Cars of North America June 2006 Sales Report

IRVINE, Calif., July 3 -- Volvo Cars of North America, LLC reports sales for June of 10,897 units in the United States,* down 11 percent compared to the same period last year.

Overall in North America (United States including Puerto Rico, Canada, and Mexico), 12,086 unit were sold. For the month, sales were down 11.9 percent year-over-year. Sales for Volvo in Canada and in Mexico were 958 and 231 units, respectively.

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 since 1927. 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); and the all-new Volvo C70.

  * U.S. sales include Puerto Rico

  VOLVO CARS OF NORTH AMERICA, LLC
  Retail Sales by Model                                         03-Jul-06

                              UNITED STATES
                                June *                 Year-to-Date *
                      2006      2005       %      2006      2005        %
  Volvo Model
  S40                    0         1     n/a         0         4      n/a
  All New S40        2,005     2,190   -8.4%    13,155    12,955     1.5%
  V40                    0         0     n/a         0         5      n/a
  V50                  354       470  -24.7%     2,103     2,932   -28.3%
  S60                2,877     2,685    7.2%    13,791    13,743     0.3%
  V70                  572       762  -24.9%     2,949     4,084   -27.8%
  XC70               1,268     1,525  -16.9%     6,694     7,092    -5.6%
  C70                    1       149  -99.3%        11     1,305   -99.2%
  New C70              561       n/a     n/a     1,100       n/a      n/a
  S80                  879       874    0.6%     4,319     5,660   -23.7%
  XC90               2,380     3,620  -34.3%    15,943    18,287   -12.8%

  USA TOTAL         10,897    12,276  -11.2%    60,065    66,067    -9.1%

                                  CANADA
                                June                   Year-to-Date
                      2006      2005       %      2006      2005        %
  Volvo Model
  S40                    0         0     n/a         0         0      n/a
  All New S40          156       231  -32.5%       776     1,134   -31.6%
  V40                    0         0     n/a         0         0      n/a
  V50                   59       102  -42.2%       407       532   -23.5%
  S60                  209       187   11.8%     1,283     1,249     2.7%
  V70                  104        86   20.9%       592       486    21.8%
  XC70                 176       211  -16.6%       902     1,108   -18.6%
  C70                    0         0     n/a         0         7      n/a
  New C70                4       n/a     n/a        55       n/a      n/a
  S80                   18        25  -28.0%       184       131    40.5%
  XC90                 232       256   -9.4%     1,526     1,460     4.5%

  CANADA TOTAL         958     1,098  -12.8%     5,725     6,107    -6.3%

                                  MEXICO
                                June                   Year-to-Date
                      2006      2005       %      2006      2005        %
  Volvo Model
  S40                    0         0     n/a         0         3  -100.0%
  All New S40          112       195  -42.6%       586       912   -35.7%
  V40                    0         0     n/a         0         0      n/a
  V50                    2         5  -60.0%        15        25   -40.0%
  S60                   39        22   77.3%       165       221   -25.3%
  V70                    0         0     n/a         0         0      n/a
   XC70                  1         3  -66.7%         6        14   -57.1%
  C70                    0         0     n/a         0         4      n/a
  New C70                5         0     n/a         5         0      n/a
  S80                    3         6  -50.0%        14        60   -76.7%
  XC90                  69       118  -41.5%       415       571   -27.3%

  MEXICO TOTAL         231       349  -33.8%     1,206     1,810   -33.4%

  NAFTA TOTAL       12,086    13,723  -11.9%    66,996    73,984    -9.4%

  *U.S. totals include Puerto Rico