For immediate release
TORONTO (September 1, 2004) – For the month of August, Volvo Cars of Canada Ltd. sold a total of 976 units, an increase of 16.1 per cent over the same month in 2003.
After their second full month in retailer showrooms, the 2005 S40 sedan and V50 sportswagon posted strong results with sales increases of 104.8 and 22.8 percent, respectively. Volvo Canada’s healthy increase was also fueled by one of the best sales months in history for the XC-range of vehicles. Sales of the XC70 and XC90 grew by 47.6 and 74.1 per cent, respectively, over the same month last year.
Sales from January through August totaled 7,451 units, an increase of 0.2 per cent from the 7,437 units during the same period of 2003.
“Volvo automobile retailers are seeing tremendous enthusiasm from their customers for the new 2005 S40 sports sedan and the V50 sportswagon, and we see the sales results in August as proof of that,” said Paul Cummings, president and chief executive officer of Volvo Canada. “The versatility and go-anywhere capability of our XC-range of vehicles is a hallmark of Volvo cars, something that resonates with Canadians who find those characteristics appealing.”
Volvo Cars of Canada Ltd. is part of the Volvo Car Corporation of Göteborg, Sweden. The company provides marketing, sales, parts, service, technology and training support to the 44 Volvo automobile retailers across the country. The company’s product range includes the flagship S80 luxury sedan, the versatile V70 wagon, the S60 sports sedan, the exotic C70 convertible and an XC-line of vehicles that includes the rugged XC70 and the award-winning XC90 sport utility vehicle. For 2005, the company is introducing the completely redesigned S40 sports sedan and V50 sportswagon, providing performance for a new generation.
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Media website: www.volvocars-pr.ca