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Kenneth Brusca Appointed President
of Volvo Cars of Canada Ltd.

11 June 1999

ROCKLEIGH, NJ ­ Kenneth Brusca has been appointed president of Volvo Cars of
Canada Ltd. effective July 1, 1999. Mr. Brusca replaces Gord Sonnenberg, who
held the position since October 1, 1997.

Prior to his appointment, Mr. Brusca was Vice President of Volvo Cars of North
America's Central Region, where he helped the company achieve record results in
sales, retailer profitability, and customer and retailer satisfaction.  Since
joining Volvo in 1992, Mr. Brusca has held a number of increasingly responsible
regional sales positions. In addition, he was project manager for the Volvo
Enterprise Network, bringing new technology and applications to more than 400
Volvo retailers across the US.  In October, 1997, he was appointed VCNA's vice
president of marketing.

Before joining Volvo, Mr. Brusca spent nine years with Ford Motor Company,
working in information systems, marketing, training, sales, parts and service.

Mr. Brusca replaces Gord Sonnenberg, who left the company to pursue other
interests in the retail sector. "I want to personally thank Gord for his
contribution in the past and to wish him good luck in the future," said
Hans-Olov Olsson, President and CEO of Volvo Cars of North America. "With new
products and new challenges, Ken Brusca joins Volvo Canada at an exciting
period.  We are committed to the Canadian market and look forward to the
continued success of Volvo in Canada."

A native of the US, Mr. Brusca was born in Long Island, N.Y. and graduated from
Clemson University with a Bachelor of Science in economics.  He is married,
with three sons.

Headquartered in Toronto, Volvo Cars of Canada Ltd.  provides sales, parts and
service through 45 retailers across Canada.