Volvo Prices For 2003 Including XC 90

CLICK4 Video Of XC90 Introduction (20 minutes)

IRVINE, Calif., Sept. 30, 2002 -- Volvo Cars of North America, LLC. (VCNA) announced pricing today of its 2003 model lineup. Following on the heels of the launch of the XC90, Volvo's first-ever sport-utility vehicle, 2003 introduces a number of luxury and performance enhancements for the entry level S40 and V40, the sporty S60, the versatile V70 and XC70 and the flagship S80.

"This is an exciting time for Volvo," said President and CEO of Volvo Cars of North America Vic Doolan. "With the introduction of the XC90, Volvo's product line now offers something for everyone; safety, performance, versatility and style. Our progressive pricing strategy for 2003 only reinforces the value that Volvo cars have always represented."

Highlighting Volvo's 2003 pricing strategy is the introduction of lower priced entry-level models. These vehicles, while still offering all of the safety and driving enjoyment Volvo's are known for, come equipped without expensive features such as leather seating and power sunroofs that may add unwanted cost to the purchase price. These creature comforts are now available as stand-alone options on many of the vehicles within the 2003 Volvo lineup, allowing customers even greater flexibility when equipping their new car.

Many of Volvo's popular option packages have been expanded to offer more features, and the entire line of vehicles for 2003 now come standard with single-disc in-dash CD stereo systems.

VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the U.S., Canada, Mexico and Puerto Rico.

               2003 Volvo Models             Price

               S40                           $23,900
               V40                           $24,900

               S60 2.4                       $26,370
               S60 2.4T                      $30,425
               S60 2.5T AWD                  $32,175
               S60 T5                        $32,825

               V70 2.4                       $27,870
               V70 2.4T                      $30,870
               V70 2.5T AWD                  $32,620
               V70 T5                        $33,870

               XC70 AWD                      $33,870

               XC90                          $33,350*
               XC90 AWD                      $35,100
               XC90 AWD T6                   $39,975

               Destination for all models    $660

     * Front-drive XC90 model goes on sale early 2003.