Press Releases

Volvo Cars of North America Records Sixth Consecutive Month of Increases

 

For Release - May 1, 2003

Volvo Cars of North America Records

 

Sixth Consecutive Month of Increases

 

 

April XC Sales Contribute to 20.9 percent growth in the U.S.

Irvine, CA - (May 1, 2003) -- Strong sales for the XC90 drove Volvo Cars of North America, LLC to its sixth consecutive month of year-to-year increased sales. In the United States, April sales of 10, 928 units represent a 20.9 percent increase compared to the same period of a year ago. Since the beginning of 2003, Volvo has shown a consistent growth in market share.

 

"The XC90 continues to gain critical acclaim and is also energizing sales of the XC70 wagon which showed a sales growth of nearly 22 percent for the month," says VCNA president and CEO Vic Doolan.

 

Pre-orders for the XC90 extend through the summer. Volvo's first SUV has garnered nearly two dozen awards globally and has attained the highest ratings for its safety standards.

 

"Following an impressive first three months, April has proven to be a great beginning for the second quarter," said Doolan. "And with the buzz surrounding the S60 R and V70 R, we're seeing many customers taking a new look at Volvo."

 

Volvo's - 300 hp / 295 lb. ft. of torque - performance sedan and wagon will arrive to showrooms this month, but are already amassing accolades of their own. Volvo announced at the recent New York Auto Show that the S60 R was named the "Most Significant New Vehicle for 2004" by European Car magazine.

 

The much-anticipated R cars have also piqued consumer interest with nearly 2,000 pre-orders.

 

Overall, sales for NAFTA (United States - including Puerto Rico, Canada, and Mexico) reached 12,304 units - the best April on record in North America, and sales are 17 percent ahead of 2002 year-to-date. Led by strong sales of the S60 and the S80, total sales in Canada were 1,125, up 9.2 percent.

 

VCNA is part of the Volvo Car Corporation of Gothenburg, 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 XC70 (Cross Country), the C70 convertible, and the compact S40 and V40 models.

 

NOTE: U.S. results include Puerto Rico for 2003

 

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V2003-10

For More Information:

Roger Ormisher - 800.970.0888

VP, Public Affairs, Volvo Cars of North America, LLC

Volvo Media Website: www.volvocars-pr.com

Sales Report:

http://www.volvocars-pr.com/index.asp?par=company&pag=sales&lang=1&flash=0&year=2003&month=4

Keywords:
Sales Volumes
Descriptions and facts in this press material relate to Volvo Cars' international car range. Described features might be optional. Vehicle specifications may vary from one country to another and may be altered without prior notification.