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VOLVO ANNOUNCES MAY SALES U.S. Sales Up 58 Percent

ROCKLEIGH, N.J. (June 1, 2011) – Volvo Cars of North America, LLC, (VCNA) reported U.S. sales of 7,359 units, a 58 percent increase from May 2010. Year-to-date sales are up 25.8 percent over the first five months of 2010.In Canada, Volvo sales are up 19.9 percent in May with a total of 770 vehicles sold. Year-to-date sales are up 6.4 percent in Canada.U.S. sales are at their highest monthly volume since March 2008, driven by the award-winning S60 sports sedan with 2,405 units sold in May. In Canada, the XC60 and S60 were the two top selling carlines with 175 and 164 units sold, respectively.New Volvo buyers benefit from Volvo’s Safe + Secure Coverage Plan. A complimentary program, Safe + Secure 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. Source: Volvo Cars of North America

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