March 2016: Volvo Car USA, LLC

Volvo Posts Nine Months of Consecutive Double Digit Sales Growth

• Records Best March Since 2008

ROCKLEIGH, N.J. (April 1, 2016) - Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 6,857 vehicles, a 15.9 percent increase versus March 2015. The ninth month of double digit growth was led by the award winning XC90 luxury SUV with 3,000 vehicles sold. Year-to-date sales are up 19.2 percent.

“Our sales streak is certainly something we are proud of, led by the acclaimed XC90,” said Lex Kerssemakers, President and CEO of Volvo Car USA. “We just started taking pre-orders for the S90 luxury sedan, which we will arrive in dealerships this summer. Along with this, we launched the S90 concierge program to give our customers a personal contact throughout the purchase process.”

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.