Volvo Cars Sales Increase for Seventh Month in a Row
13,160 Units Sold in the U.S. Results in Best May on Record
IRVINE, Calif., June 2 -- Volvo Cars recorded its best May sales ever in North America, with a 64.1 percent increase over May 2002. This is the seventh consecutive month of year over year increases. Year-to-date sales are up 26.3 percent in the United States.
Sales increased throughout the Volvo model line-up during the month: the XC90 sales of 3,795 were the highest ever; the S60 and V70 ranges grew 14.9 percent and 83.7 percent respectively, boosted by first month sales of the high performance S60 R and V70 R; and, sales of S80 were up 24.9 percent.
"A key part of Volvo's overall sales success is that new buyers are being attracted to the brand," said Vic Doolan, president & CEO, Volvo Cars of North America, LLC. "Our new models and emphasis on safety, versatility, performance and value have great consumer appeal."
Overall, sales for NAFTA (United States -- including Puerto Rico, Canada, and Mexico) reached 14,613 units, representing an increase of 56.3 percent over the same period last year. Led by the strength of the XC90, total sales in Canada were up 12.3 percent.
VCNA, part of the Volvo Car Corporation of Gothenburg, Sweden, provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States, Canada, Mexico and Puerto Rico.
The 2003 Volvo automobile line includes the award-winning XC90, the sporty S60 sedan -- including the award-winning performance sedan -- S60 R, the flagship S80 luxury sedan, versatile V70 wagon and rugged XC70 (Cross Country), the C70 convertible, and the compact S40 and V40 models.
Note -- U.S. results include Puerto Rico for 2003
VOLVO CARS OF NORTH AMERICA, LLC
Retail Sales by Model June-02-2003
UNITED STATES
May Year-to-Date
2003* 2002 % 2003* 2002 %
Volvo Model
S40 1,031 1,062 -2.9% 5,937 5,744 3.4%
V40 236 200 18.0% 1,389 1,114 24.7%
S60 3,553 3,092 14.9% 15,071 16,339 -7.8%
V70 1,394 759 83.7% 5,174 4,410 17.3%
XC70 1,359 1,418 -4.2% 7,175 7,434 -3.5%
C70 392 369 6.2% 1,605 1,565 2.6%
S80 1,400 1,121 24.9% 5,829 6,407 -9.0%
XC90 3,795 n/a n/a 12,162 n/a n/a
USA TOTAL 13,160 8,021 64.1% 54,342 43,013 26.3%
CANADA
May Year-to-Date
2003 2002 % 2003 2002 %
Volvo Model
S40 70 152 -53.9% 480 575 -16.5%
V40 47 131 -64.1% 317 376 -15.7%
S60 262 322 -18.6% 1,290 1,375 -6.2%
V70 173 160 8.1% 474 518 -8.5%
XC70 172 150 14.7% 880 820 7.3%
C70 8 26 -69.2% 16 55 -70.9%
S80 36 73 -50.7% 211 270 -21.9%
XC90 371 n/a n/a 941 n/a n/a
CANADA TOTAL 1,139 1,014 12.3% 4,609 3,989 15.5%
MEXICO
May Year-to-Date
2003 2002 % 2003 2002 %
Volvo Model
S40 120 176 -31.8% 483 598 -19.2%
V40 1 1 0.0% 7 24 -70.8%
S60 79 93 -15.1% 286 388 -26.3%
V70 0 2 -100.0% 4 6 -33.3%
XC70 1 5 -80.0% 8 36 -77.8%
C70 2 4 -50.0% 9 16 -43.8%
S80 21 32 -34.4% 72 104 -30.8%
XC90 90 n/a n/a 219 n/a n/a
MEXICO TOTAL 314 313 0.3% 1,088 1,172 -7.2%
NAFTA TOTAL 14,613 9,348 56.3% 60,039 48,174 24.6%
* USA Totals include Puerto Rico for 2003
