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Volvo Cars of North America Reports October Sales


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IRVINE, Calif., Nov. 1, 2006 -- Volvo Cars of North America, LLC (VCNA) announces sales of 8,395 units* for October, representing a decrease of 3.6 percent compared to the same period last year.

Overall, Volvo sales in North America (United States, including Puerto Rico, Canada and Mexico) were 9,200 units -- down 7.4 percent for the month. Volvo Canada sales were 588 units and 217 units were sold at Volvo in Mexico.

Volvo Cars of North America, LLC (VCNA), based in Irvine, CA, is a subsidiary of the Volvo Car Corporation of Goteborg, 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 over 75 years. The current 2007 model line-up of Volvo Cars includes: the award-winning new S40 and its wagon counterpart the all-new V50; the award-winning XC90; the sporty S60 sedan -- including the award-winning performance sedan -- S60 R and the performance wagon version -- V70 R; 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, coming the first quarter of 2007.

  *  U.S. sales include Puerto Rico

          VOLVO CARS OF NORTH AMERICA, LLC
                                                                   01-Nov-06
          Retail Sales by Model

                                          UNITED STATES
                                  October*              Year-to-Date*
                             2006   2005      %      2006    2005     %

          Volvo Model
          S40                    0      0     n/a        0       4    n/a
          All New S40        2,136  1,900    12.4%  20,895  21,456   -2.6%
          V40                    0      0     n/a        0       8    n/a
          V50                  363    437   -16.9%   3,539   4,937  -28.3%
          S60                1,724  1,484    16.2%  22,131  21,575    2.6%
          V70                  377    448   -15.8%   4,991   6,443  -22.5%
          XC70                 895  1,132   -20.9%  11,346  12,378   -8.3%
          C70                    0     10  -100.0%      11   1,429  -99.2%
          New C70              501    n/a     n/a    3,046     n/a    n/a
          S80                   69    705   -90.2%   5,217   9,026  -42.2%
          XC90               2,330  2,590   -10.0%  27,095  29,396   -7.8%

          USA TOTAL          8,395  8,706    -3.6%  98,271 106,652   -7.9%

                                             CANADA
                                    October            Year-to-Date
                                2006  2005    %     2006   2005     %

           Volvo Model
           S40                     0     0    n/a       0      0    n/a
           All New S40            93   159  -41.5%  1,227  1,787  -31.3%
           V40                     0     0    n/a       0      0    n/a
           V50                    51    86  -40.7%    608    914  -33.5%
           S60                    87   192  -54.7%  1,815  1,947   -6.8%
           V70                    39    67  -41.8%    810    912  -11.2%
           XC70                  133   132    0.8%  1,724  1,822   -5.4%
           C70                     0     0    n/a       0      7    n/a
           New C70                28   n/a    n/a     207    n/a    n/a
           S80                     2    45  -95.6%    246    287  -14.3%
           XC90                  155   271  -42.8%  2,179  2,257   -3.5%

           CANADA TOTAL          588   952  -38.2%  8,816  9,933  -11.2%

                                             MEXICO
                                  October                 Year-to-Date
                             2006   2005     %       2006     2005      %

          Volvo Model
          S40                   0      0    n/a         0        3  -100.0%
          All New S40          91    135  -32.6%    1,049    1,362   -23.0%
          V40                   0      0    n/a         0        0     n/a
          V50                   1      5  -80.0%       20       59   -66.1%
          S60                  31     34   -8.8%      326      385   -15.3%
          V70                   0      0    n/a         0        0     n/a
          XC70                  0      0    n/a         7       18   -61.1%
          C70                   0      0    n/a         0        6     n/a
          New C70              11    n/a    n/a        44      n/a     n/a
          S80                   1     11  -90.9%       16       95   -83.2%
          XC90                 82     88   -6.8%      772      984   -21.5%

          MEXICO TOTAL        217    273  -20.5%    2,234    2,912   -23.3%

          NAFTA TOTAL       9,200  9,931   -7.4%  109,321  119,497    -8.5%

          *  U.S. totals include Puerto Rico