For Immediate Release
Irvine, CA - May 1, 2002 - The S60 remains a strong performer for Volvo Cars of North America, LLC. (VCNA) with sales 24.3% ahead of last year, but overall sales were sluggish for April, the company reported. The 10,069 units sold in the United States and Canada during the month, represents a 7.7% decline compared with April of 2001.
In a move aimed at strengthening Volvo retail operations, Dan Werbin, VCNA President and CEO, named Marti Eulberg to the position of Executive Vice President. Eulberg will have responsibilities for all regional Sales and Retail Operations in the United States. "We have put a new organizational structure in place that allows us to better serve our Retailers and Marti is just the person to execute the plan," said Werbin.
Meanwhile, Volvo volumes in Canada were up 23.9% in April, posting sales of 1,030 units. Year-to-date sales in the United States and Canada combined is off pace with last years' record by 7.8%.
Volvo Cars of North America, LLC (VCNA), based in Irvine, CA, is a subsidiary of the Volvo Car Corporation of Gothenborg, Sweden. Volvo Cars celebrates its 75th anniversary in 2002.
VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the U.S., Canada, Mexico and Puerto Rico.
The 2002 Volvo automobile line includes the sporty S60 and the new S60 AWD, the flagship S80 luxury sedan, the versatile V70 wagon and rugged Cross Country, C70 Coupe and convertible, and the compact S40 and V40 models.
For More Information, Contact:
Roger Ormisher
800.970.0888
VP, Public Affairs, Volvo Cars of North America, LLC
Volvo Media Website
V2002-12
