A monotube damper and suspension spring assembly for a motor vehicle includes a tubular housing defining a chamber filled with damping fluid. A piston and piston rod reciprocate within the chamber. In order to compensate for volumetric changes of the chamber due to extension and retraction of the piston rod within the chamber, either the upper seal cover or lower bottom ring assembly is slidable within the housing. A preload is applied either to the housing or to the seal cover to thereby bias these elements to compensate for volumetric changes in the chamber.