Establishes momentum for 2003 in the North America Market
IRVINE, CA - January 3, 2003 - Volvo Cars of North America, LLC (VCNA) announces sales of 12,012 units for December. The combined total for the United States and Canada represented a 4.8 percent increase compared with the same period of 2001.
"In the last four months Volvo has outperformed the overall market due primarily to the very positive acceptance of the XC90, Volvo's first SUV," said Vic Doolan, President and CEO of Volvo Cars of North America. "The waiting list for the award-winning XC90 extends through the first quarter of 2003 and this combined with the introduction of the all-powerful S60 R and V70 R aligns well for positive growth in 2003," he said.
In 2002, Volvo sales were down by 12 percent in the U.S. and in Canada Volvo sales grew by 2.2 percent. In addition, sales in Mexico and Puerto Rico were up 13.4 percent with 2701 units sold and 109.9 percent with 615 units sold, respectively.
For North America, total sales for the year of 120,112 represents a 11 percent decrease from the mark set during 2001 - the third consecutive record year for Volvo. Mexico and Puerto are not currently included in the overall VCNA report.
VCNA is part of the Volvo Car Corporation of Göteborg, Sweden. The company provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, Canada, Mexico and Puerto Rico.
The 2003 Volvo automobile line includes the award-winning XC90, the sporty S60 sedan, the flagship S80 luxury sedan, versatile V70 wagon and rugged Cross Country, the C70 convertible, and the compact S40 and V40 models.
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For Release - January 2, 2003
For More Information, Contact:
Roger Ormisher - 800.970.0888
VP, Public Affairs, Volvo Cars of North America, LLC
Volvo Media Website: www.volvocars-pr.com
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