Volvo Cars of North America Reports Sales for July

[Shomare]

Irvine, CA - August 1, 2007 -- Volvo Cars of North America, LLC reports July sales of 9,554 units in the United States,* down 7.6 percent compared to the same period last year.

Overall in North America (United States including Puerto Rico, Canada, and Mexico), 10,620 unit were sold. For the month, sales were down 6.1 percent year-over-year. Sales for Volvo in Canada and in Mexico were 848 and 218 units, respectively.

Volvo Cars of North America, LLC (VCNA), based in Irvine, Calif., is a subsidiary of Volvo Car Corporation of Göteborg, Sweden. VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, and oversees Volvo operations in Canada, Mexico and Puerto Rico.

Volvo has been building cars with safety in mind for 80 years. The current model lineup of Volvo cars includes: the award-winning new S40 and its wagon counterpart the V50; the award-winning XC90; the sporty S60 sedan; the versatile V70 wagon and rugged XC70 (Cross Country); the new Volvo C70 - the convertible with the innovative retractable hardtop, and the all-new Volvo S80.


* U.S. sales include Puerto Rico

Volvo Cars of North America, LLC reserve the right to make changes at any time, without notice, to color, specifications, accessories, materials and models.

[Shomare]

Volvo Cars global sales up 8.8 per cent in July

Volvo Car Corporation performed a strong sales increase in July compared to the same month 2006. Europe was up 12.8 per cent, Japan up 24 per cent, Russia up 66.9 and China up 148.1 per cent.

"The increase of sales is according to our expectations and a result of the launch of several new models in the market place - the all new Volvo S80, Volvo C30 and the all new Volvo V70 and Volvo XC70. As a matter of fact also the current Volvo models were performing very well during July", said Fredrik Arp, CEO and President of Volvo Car Corporation.

Central Europe was up 22.5 per cent in July and the Volvo sales in the region are growing more than 20 per cent with Poland and Czech above 40 per cent. Volvo is gaining market share in Germany when sales were up 14.8 percent in July while the total German market slipped by 8 per cent in the same period.

Scandinavia showed a sales increase of 16.8 per cent and order intake is continuously strong.

France, Belgium and the Netherlands all together increased sales by 33.4% compared to July last year.

Russia is still a fast growing market for Volvo and increased sales by 66.9 per cent. At the moment Volvo is the leading brand in the premium segment in Russia.

Sales in China continue to show excellent results, and for the month of July Volvo China reported an increase of 148.1 per cent.

Volvo Cars of North America reports July sales of 9,554 units in the United States, down 7.6 per cent compared to the same period last year. Overall in North America (United States including Puerto Rico, Canada, and Mexico), 10,620 units were sold. For the month, sales were down 6.1 per cent.


For more information, please contact:
SVP Director Public Affairs Olle Axelson
Telephone: +46 708 209000

or

Acting press spokesman Peter Ganjbar
Telephone: +46 31 596611