For immediate release
IRVINE, CA (November 1, 2001) - Volvo Cars of North America, LLC reported sales of 10,455 units in the United States for the second best October on record, and marginally higher than October 2000. Sales in Canada were off slightly and resulted in an overall decrease of 0.1% in the month-to-month comparison for all of North America. However, year to date sales continue to outpace last year by 3.5%.
"The most positive aspect of the month was the continuing increase in Volvo's pure retail sales of 12%, as we continue to reduce our engagement in the less profitable rental and fleet segments," commented Vic Doolan, President and CEO of Volvo Cars of North America.
The S60 sedan continues to show a broadening market appeal for the brand. The Cross Country sports wagon also posted strong sales.
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 United States, Canada, Mexico and Puerto Rico. The 2002 Volvo automobile line includes the sporty S60 and S60 AWD sedans, the flagship S80 luxury sedan, versatile V70 wagon and rugged Cross Country, C70 coupe and convertible, and compact S40 and V40 models.
Contact:
Roger Ormisher
800.970.0888
Public Affairs
Volvo Cars of North America, LLC
One Premier Place
Irvine, CA 92618-2922
V2001-44
