Volvo Cars of North America Sales Report for February

IRVINE, Calif.

Volvo has been building cars with Safety in mind since 1927. sales include Puerto Rico

VOLVO CARS OF NORTH AMERICA, LLC
Retail Sales by Model 01-Mar-06

UNITED STATES
February * Year-to-Date *
2006 2005 % 2006 2005 %
Volvo Model
S40 0 0 n/a 0 1 n/a
All New S40 1,833 2,136 -14.2% 3,809 4,241 -10.7% 704 996 -29.3% 1,917 2,146 -10.0%

CANADA
February Year-to-Date
2006 2005 % 2006 2005 %
Volvo Model
S40 0 0 n/a 0 0 n/a
All New S40 96 158 -39.5% 50 76 -34.

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Overall in North America (United States including Puerto Rico, Canada, and
Mexico), sales for the month were off 18.

VCNA, part of the Volvo Car Corporation of Gothenburg, Sweden , provides
marketing, sales, parts, service, technology and training support to Volvo
automobile retailers in the United States, and oversees Volvo operations in
Canada, Mexico and Puerto Rico.

6% 3,937 3,865 1.7%
C70 47 229 -79.5% 74 423 -82 .2% 178 311 -42.6% 102 141 -27.0% 4 9 -55.

Model Month to Date Year to Date
Current Prior Current Prior
Year Year Year Year

Boxster 48 173 110 330
Boxster S 44 84 85 187
Boxster (987) 254 0 451 0
Boxster S (987) 197 0 365 0
ALL BOXSTER 543 257 1011 517

911 Carrera 16 104 29 232
911 Targa 7 11 11 25
Carrera Cabriolet 35 110 63 190
Carrera 4 Coupe 0 0 0 0
911 Turbo Coupe 3 20 7 37
Carrera 4 S Coupe 25 70 56 154
911 Turbo S Coupe 21 0 42 0
Carrera 4 Cabriolet 2 13 4 21
911 Turbo Cabriolet 16 108 29 216
Carrera 4 S Cabriolet 21 118 45 243
911 Turbo S Cabriolet 76 0 142 0
GT3 Coupe 13 28 35 46
GT2 Coupe 0 0 0 1
911 Carrera (997) 259 0 501 0
911 Carrera S (997) 196 0 346 0
ALL 911 690 582 1310 1165

Cayenne 412 451 866 879
Cayenne S 401 593 849 1283
Cayenne Turbo 177 196 346 452
ALL CAYENNE 990 1240 2061 2614

CARRERA GT 20 3 38 4

GRAND TOTALS 2243 2082 4420 4300

Certified Pre-Owned 348 298 680 603

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7%
S60 149 92 62.7%
XC70 129 132 -2.1%

CANADA TOTAL 699 683 2.S.

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4 percent, respectively.5%
S80 548 949 -42.0% 260 146 78.6% 211 258 -18.9% 5 25 -80.

Porsche Cars North America Reports February U.S. Sales

The company sold 2,243 cars, making it the best
February in history and underscoring customer interest in Porsche's redesigned
911 Carrera and Boxster. "Warmer
weather will arrive to greet our new 911 Cabriolet, which goes on sale
March 12.

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3 percent decline compared to the same period last year.2%
V40 0 1 n/a 0 1 n/a
V50 323 545 -40.8%
V40 0 0 n/a 0 0 n/a
V50 57 61 -6.3% 40 27 48.1%
XC90 203 185 9.0%
All New S40 98 130 -24.4 % 145 194 -25. totals include Puerto Rico

"
In addition, dealers sold 348 Porsche Approved Certified Pre-Owned
vehicles, compared to 298 for the same period last year.

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Volvo Canada reports sales of 699 units and Volvo in Mexico recorded 212 units
-- up 2.3%
S60 1,870 1,939 -3.9%
V70 383 701 -45.2% 98 75 30.7% 389 335 16.4% 418 571 -26.8%

NAFTA TOTAL 9,328 11 ,398 -18. Boxster sales were up 111 percent.

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2 percent, with 9,328 units sold. The 2006
model line -up of Volvo Cars includes: the award-winning new S40 and its wagon
counterpart the all-new V50; the award-winning XC90; the sporty S60 sedan --
including the award-winning performance sedan -- S60 R and the performance
wagon version -- V70 R; the S80 luxury sedan; the versatile V70 wagon and
rugged XC70 (Cross Country); and the soon-to-be released new Volvo C70, the
convertible with the innovative retractable hardtop.4% 832 1,314 -36.1%
V70 50 39 28.3% 1,297 1,266 2.4%

MEXICO
February Year-to-Date
2006 2005 % 2006 2005 %
Volvo Model
S40 0 0 n/a 0 2 -100.6%
S60 31 39 -20.2%
V70 0 0 n/a 0 0 n/a
XC70 3 4 n/a 3 4 n/a
C70 0 2 n/a 0 3 n/a
S80 1 9 -88.2%

* U. Best February in PCNA History for Porsche in United States

ATLANTA, Porsche Cars North America, Inc.
"We are very happy with the way our customers have accepted the Porsche
911 and Boxster," said Peter Schwarzenbauer, PCNA President and CEO.

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3 percent and down 25.7%
XC70 894 1,055 -15.3% 1,116 2,022 -44.8%
XC90 2,519 2,876 -12.4% 4,909 5,582 -12.0%
C70 0 0 n/a 0 1 n/a
S80 15 16 -6.2%
V40 0 0 n/a 0 0 n/a
V50 1 2 -50.0 %
XC90 78 98 -20.3%

MEXICO TOTAL 212 284 -25. Year -to-date sales
were up by 3 percent to 4,420.

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, Volvo Cars of North America, LLC
reports February sales in the United States* of 8,417 units, representing a
19.

* U.S.1%

USA TOTAL 8,417 10,431 -19.3% 17,298 20,591 -16.3% 230 230 0.2% 19,013 22,428 -15. (PCNA),
importer and distributor of Porsche sports cars and Cayenne SUVs in the United
States and Canada, today announced retail sales in the United States increased
by 8 percent for the month.

Volvo Cars of North America Sales Report for February

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Porsche Cars North America Reports February U.S. Sales

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