Volvo Cars North America Inc.'s sales likely will decline in 2005 vs. the 139,066 units delivered in 2004, the company's top executive tells Ward's. “We will probably not meet or exceed last year's total, mainly because of our aging product portfolio,” says Anne Belec, president and CEO-VCNA. Anne Belec Nine months into 2005, VCNA's sales in the U.S. are down 6.3% vs. like-2004. A reduction in fleet sales is another reason for VCNA's declining sales, Belec adds. “We've had some ...

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