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Volvo Records Fourth Consecutive Year-Over-Year Sales Increase of 16%

Volvo’s Safe + Sound Coverage Plan Drives Traffic; Extended Through End of 2009ROCKLEIGH, N.J. (Oct. 1, 2009) – Volvo Cars of North America, LLC, (VCNA) September sales were up 16.3 percent, marking the fourth straight month of a year-over-year increase. VCNA sold a total of 4,716 vehicles in September.For the month of September, Volvo sales in Canada were down 6.4 percent with a total of 508 vehicles sold. Overall in North America (United States and Canada), Volvo has sold 5,224 units year-to-date, which represents a 20.8 percent decrease for the same period of 2008*.”Four straight months of sales increases reflects how well Safe + Sound is resonating with U.S. consumers,” said Doug Speck, VCNA president and CEO. “It’s also a morale boost for our retailers and employees to see sales numbers going in the right direction.”The Safe + Sound Coverage Plan, a complimentary coverage program, wraps a comprehensive list of benefits into one package. Volvo has combined additional time and mileage limits on warranty repairs and roadside assistance coverage, and has increased wear-item and factory scheduled maintenance coverage. Specifically, it provides: * 5 years/60,000 miles of New Car Warranty * 5 years/60,000 miles of Complimentary Factory Scheduled Maintenance * 5 years/60,000 miles of Wear and Tear Coverage * 5 years/Unlimited miles of Volvo On Call Roadside Assistance. “Safe + Sound is the best program in the luxury segment,” said Speck. “We’re announcing today that Safe + Sound will be available on all Volvos through the end of 2009, and I expect we’ll see more and more consumers gravitating to Volvo when they learn what this long-term coverage program offers.”*2008 totals include Mexico. 2009 totals do not. Source: Volvo Cars of North America

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