VOLVO ANNOUNCES NOVEMBER SALES

Company press release.

ROCKLEIGH, N.J. (Dec. 3, 2013) - Volvo Cars of North America, LLC, (VCNA) reported U.S. sales of 4,233 units, a 31.1 percent decrease versus November 2012. Year-to-date sales are down 9.1 percent over the first eleven months of 2012.

'Excluding a large fleet deal coupled with damaged cars from Hurricane Sandy in November 2012, our dealers actually had a strong November 2013, up 10.97 percent in the retail channel,' said Rick Bryant, executive vice president, sales operations. 'This is all part of our planned strategy to move away from fleet units and focus on pure retail sales.'

The XC60 crossover was the top seller for the month with 1,500 units sold. The S60 sports sedan finished the month right behind with 1,426 units sold.

About Volvo

Volvo Cars of North America, LLC, (www.volvocars.com/us) is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCNA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States. For more information please refer to the VCNA media website at: http://www.media.volvocars.com/us, and follow Volvo's blog at: www.volvoblog.us.