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ROCKLEIGH, N.J -- Continued strong sales for the S60 and Cross Country propelled Volvo Cars of North America, Inc. to its best month ever with record sales of 16,130 units during June. This is an 14.6 % increase when compared to June 2000 and caps 3 consecutive months of year-to-year sales increases, resulting in Volvo's strongest quarter ever.

Vic Doolan, President and CEO observes: "June was a huge month for Volvo as we continue to exceed expectations with the S60 and Cross Country in a challenging environment. This great finish to the second quarter gives us great momentum and optimism as we move into the second half of the year. We are on track to meet our year end sales objectives.''

The company noted that Volvo sales in Canada continue to impress as well, with June sales up 18.8 % over June 2000.

Volvo Cars of North America, Inc. is part of the Volvo Car Corporation of Goteborg, Sweden. The company provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the US, Canada, Mexico and Puerto Rico. The 2001 Volvo automobile line includes the flagship S80 luxury sedan, versatile V70 wagon and rugged Cross Country, C70 coupe and convertible, the sporty, new S60 sedan and compact S40 and V40 models.

[Source: Volvo Cars of North America, Inc.]
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