Press Releases

Volvo Cars of North America Records Best First Half Year Ever in U.S.

 

Sales for June Up 22.1 Percent

Irvine, CA (July 1, 2003) - Volvo Cars of North America, LLC. (VCNA) records its best six months on record in the United States. Driven by strong performances by the XC90, V70, S/V 40 and C70, year-to-date sales in the U.S. are up 25.5 percent for 2003.

 

Volvo capped the second quarter with sales of 13,386 units during June. Sales were up 22.1 percent compared to the same period last year, the eighth consecutive monthly increase.

 

Vic Doolan, VCNA President and CEO observe, "2003 has been impressive for Volvo. It is an indication that the overall Volvo product range is exciting, attractive and a great value,...in a highly competitive marketplace."

 

Sales of the V70, Volvo's versatile wagon, were noteworthy as the company prepares this month to celebrate its 50th year of producing wagons. V70 sales are up 26.1 percent year-to-date, reinforcing Volvo's leadership in the segment.

 

Overall, sales for NAFTA (United States - including Puerto Rico,* Canada, and Mexico) reached 14,682 units, representing an increase of 20.3 percent over the same period last year. Volvo sales for the year are 23.8 percent ahead of 2002.

 

Volvo sales in Canada remained steady for the month and are up 12.5 percent for the year.

 

VCNA, part of the Volvo Car Corporation of Gothenburg, Sweden, 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 - including the award-winning performance sedan - S60 R, the flagship S80 luxury sedan, versatile V70 wagon and rugged XC70 (Cross Country), the C70 convertible, and the compact S40 and V40 models.

* U.S. results include Puerto Rico for 2003

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=6

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