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Volvo Cars Reports Strong U.S. Sales for November


PHOTO

Sales Increase 14 Percent for the Month

IRVINE, Calif., Dec. 1 -- Volvo Cars of North America, LLC reports sales of 9,258 units in the United States*, representing a 14.1 percent year-over-year increase for November.

Sales of the new S40 sedan remain strong, as were the results for the Volvo S60 which has benefited from aggressive regional advertising and lease deals. The XC90, the best-selling European SUV, is again Volvo's sales leader with a consistent performance for the month.

Also for November, the S80 sell-off winds down to make room for the MY 07 all new S80, which will begin to arrive in showrooms later this month.

Looking ahead for Volvo, there was much acclaim for the highly anticipated new C30 this week at the Los Angeles Auto Show -- its North American debut. Sales start is scheduled for second half of 2007.

Overall in North America (United States plus Puerto Rico, Canada, and Mexico), Volvo recorded 10,021 units sold. November sales were up 6.1 percent. Sales in Canada were 537 units and 226 units were sold in Mexico.

Volvo Cars of North America, LLC (VCNA), based in Irvine, CA, is a subsidiary of the Volvo Car Corporation of Goteborg, Sweden. VCNA 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 current 2007 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 versatile V70 wagon and rugged XC70 (Cross Country); the new Volvo C70 -- the convertible with the innovative retractable hardtop, and the all-new Volvo S80, coming soon.

  * U.S. sales include Puerto Rico

  VOLVO CARS OF NORTH AMERICA, LLC

  Retail Sales by Model                                         01-Dec-06
                                 UNITED STATES
                              November*                 Year-to-Date *
                      2006      2005        %     2006      2005        %
  Volvo Model
  S40                    0         0      n/a        0         4      n/a
  All New S40        2,243     1,507    48.8%   23,138    22,963     0.8%
  V40                    0         0      n/a        0         8      n/a
  V50                  332       376   -11.7%    3,871     5,313   -27.1%
  S60                2,230     1,557    43.2%   24,361    23,132     5.3%
  V70                  325       402   -19.2%    5,316     6,845   -22.3%
  XC70                 891       740    20.4%   12,237    13,118    -6.7%
  C70                    0         5  -100.0%       11     1,434   -99.2%
  New C70              419       n/a      n/a    3,465       n/a      n/a
  S80                   37       644   -94.3%    5,254     9,670   -45.7%
  XC90               2,781     2,880    -3.4%   29,876    32,276    -7.4%

  USA TOTAL          9,258     8,111    14.1%  107,529   114,763    -6.3%

                                    CANADA
                              November*                 Year-to-Date
                      2006      2005        %     2006      2005        %
  Volvo Model
  S40                    0         0      n/a        0         0      n/a
  All New S40          104       166   -37.3%    1,331     1,953   -31.8%
  V40                    0         0      n/a        0         0      n/a
  V50                   53        66   -19.7%      661       980   -32.6%
  S60                   78       155   -49.7%    1,893     2,102    -9.9%
  V70                   41        80   -48.8%      851       992   -14.2%
  XC70                  71       198   -64.1%    1,795     2,020   -11.1%
  C70                    0         0      n/a        0         7      n/a
  New C70               10       n/a      n/a      217       n/a      n/a
  S80                    1        48   -97.9%      247       335   -26.3%
  XC90                 179       301   -40.5%    2,358     2,558    -7.8%

  CANADA TOTAL         537     1,014   -47.0%    9,353    10,947   -14.6%

                                     MEXICO
                              November*                 Year-to-Date
                      2006      2005        %     2006     2005         %
  Volvo Model
  S40                    0         0      n/a        0        3   -100.0%
  All New S40           93       170   -45.3%    1,142    1,532    -25.5%
  V40                    0         0      n/a        0        0       n/a
  V50                    3         1   200.0%       23       60    -61.7%
  S60                   32        34    -5.9%      358      419    -14.6%
  V70                    0         0      n/a        0        0       n/a
   XC70                  0         1      n/a        7       19    -63.2%
  C70                    0         0      n/a        0        6       n/a
  New C70                6       n/a      n/a       50      n/a       n/a
  S80                    0         5  -100.0%       16      100    -84.0%
  XC90                  92       108   -14.8%      864    1,092    -20.9%

  MEXICO TOTAL         226       319   -29.2%    2,460    3,231    -23.9%

  NAFTA TOTAL       10,021     9,444     6.1%  119,342  128,941     -7.4%

  *U.S. totals include Puerto Rico