February 2016: Volvo Car USA, LLC

Volvo Announces February Sales

• Posts Eighth Month of Double Digit Sales Growth

ROCKLEIGH, N.J. (March 1, 2016) - Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 5,260 vehicles, a 33.1 percent increase versus February 2015. The top seller for the month was the award winning XC90 luxury SUV with 2,472 vehicles sold, a four percent increase versus January 2016. Year-to-date sales are up 21.8 percent.

“The XC90 continues to contribute to our sales momentum, and we have yet to reach its full potential,” said Lex Kerssemakers, President and CEO of Volvo Car USA. “Over the next few months it will be joined by the S90 luxury sedan and the top-of-the-line four seat XC90 Excellence, with the newly-unveiled V90 following later.”

Volvo is implementing a sweeping $11 billion transformation plan that has involved the development of its own modular vehicle architecture, a new engine range, global manufacturing capability, a completely renewed product range and world leading developments in safety, autonomous driving and connectivity.