For Immediate Release
Volvo Cars of North America Reports Steady Sales
IRVINE, CA - October 1, 2001 - Volvo Cars of North America, LLC reports sales through September remain ahead of last year. Sales year to date (YTD) are up 3.5% in the United States and 17% in Canada. Although the 8,427 units sold for the month reflect a decrease from September 2000, there were fewer selling days last year compared to 2001 resulting in a daily sales rate increase of 1.6%.
As with most of the auto industry, sales for the period were down. "September was a very difficult month for all. For the retailers, our primary focus was reassuring and assisting their customers and employees," said Vic Doolan, VCNA President and CEO. "Confidence is slowly returning and we see encouraging signs for higher sales ahead." he said.
In a season characterized by end-of-the-model-year initiatives and making room for shipments of the 2002s, sales the Cross Country and the S60 continued to reflect a high level of customer appeal. Overall, Volvo Cars topped the 100,000 vehicle milestone the earliest of any calendar year on record.
Volvo Cars of North America, LLC is part of the Volvo Car Corporation of Goteborg, Sweden. The company provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the US, Canada, Mexico and Puerto Rico. The 2001 Volvo automobile line includes the flagship S80 luxury sedan, versatile V70 wagon and rugged Cross Country, C70 coupe and convertible, the sporty S60 sedan and compact S40 and V40 models.
NOTE: Sales figures are for US and Canada only.
Volvo Cars of North America, LLC
One Premier Place
Irvine, CA 92618-2922
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