Truck deliveries in January 2014 Deliveries from the Volvo

Deliveries from the Volvo Group’s truck operations in January 2014 amounted to 13,612 vehicles. This was an increase of 26% compared with the year-earlier month. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher): Delivered Units January Change Volvo Group 2014 2013 Europe 5 083 4 375 16%    Western Europe 3 950 3 623 9%    Eastern Europe 1 133 752 51% North America 4 178 1 962 113% South America 1 580 1 611 -2% Asia 1 857 1 827 2% Other markets 914 1 016 -10% Total Volvo Group 13 612 10 791 26% Light duty (< 7t) 653 895 -27% Medium duty (7-16t) 997 1 066 -6% Heavy duty (>16t) 11 962 8 830 35% Total Volvo Group 13 612 10 791 26% Non-consolidated operations Eicher (100%) 2 144 3 209 -33% DND (100%)   21 -100% Total Volumes 15 756 14 021 12% Volvo In January 8,433 Volvo trucks were delivered, an increase of 51% compared with the same month last year. However, deliveries were 29% lower than in the month of December 2013. In Europe 3,374 vehicles were delivered during January, up by 54% compared with January 2013. First quarter production rates in Europe have been adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation that came into force 1 January 2014. January deliveries in North America increased 209% to 2,433 vehicles in comparison with the same period last year. The increase was mainly due to two down-weeks in January 2013. January deliveries in South America increased 5% to 1,509 trucks compared with January 2013. Deliveries by market area: Delivered Units January Change Volvo 2014 2013 Europe 3 374 2 195 54%    Western Europe 2 472 1 607 54%    Eastern Europe 902 588 53% North America 2 433 788 209% South America 1 509 1 437 5% Asia 765 819 -7% Other markets 352 336 5% Total Volvo 8 433 5 575 51% Medium duty (7-16t) 147 119 24% Heavy duty (>16t) 8 286 5 456 52% Total Volvo 8 433 5 575 51% Mack January deliveries of Mack trucks increased by 37 procent compared to the same month last year, and reached 1,793 trucks. Deliveries by market area: Delivered Units January Change Mack 2014 2013 Europe    Western Europe    Eastern Europe North America 1 733 1 129 53% South America 29 125 -77% Asia Other markets 31 51 -39% Total Mack 1 793 1 305 37% Heavy duty (>16t) 1 793 1 305 37% Total Mack 1 793 1 305 37% Renault Trucks In January 2,085 trucks were delivered by Renault Trucks which was a decrease by 24% compared to a year ago. Compared with December 2013, deliveries declined by 60%. Renault Trucks is currently introducing a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution. Production rates for the first quarter have been adjusted significantly downwards to reflect lower demand following the transition to the new emission regulation, Euro 6, and the on-going product renewal. Deliveries by market area: Delivered Units January Change Renault Trucks 2014 2013 Europe 1 709 2 180 -22%    Western Europe 1 478 2 016 -27%    Eastern Europe 231 164 41% North America 6 1 500% South America 34 40 -15% Asia 60 180 -67% Other markets 276 341 -19% Total Renault Trucks 2 085 2 742 -24% Light duty (< 7t) 553 793 -30% Medium duty (7-16t) 293 462 -37% Heavy duty (>16t) 1 239 1 487 -17% Total Renault Trucks 2 085 2 742 -24%  UD In January 2014, UD Trucks delivered 1,301 trucks, which was an increase of 11% compared to January last year. Deliveries by market area: Delivered Units January Change UD 2014 2013 North America 6 44 -86% South America 8 9 -11% Asia 1 032 828 25% Other markets 255 288 -11% Total UD 1 301 1 169 11% Light duty (< 7t) 100 102 -2% Medium duty (7-16t) 557 485 15% Heavy duty (>16t) 644 582 11% Total UD 1 301 1 169 11% Non-consolidated operations DND (100%)   21 -100% Total volumes 1 301 1 190 9% Eicher* Deliveries of Eicher trucks in January decreased by 33% to 2,144 trucks compared to the same month last year. Deliveries by market area: Delivered Units January Change Eicher (100%) 2014 2013 Asia 2 144 3 209 -33% Total Eicher 2 144 3 209 -33% Light duty (< 7t) 384 411 -7% Medium duty (7-16t) 1 292 2 093 -38% Heavy duty (>16t) 468 705 -34% Total Eicher 2 144 3 209 -33% *As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group February 20, 2014 Reporters, who would like more information, please contact: Media Relations Volvo Group: Karin Wik, +46 31 323 72 29 Truck brands: Renault Trucks, Charlotte Roudovski, +33 4 72 96 29 76 Mack, Kim Pupillo, +1 336 393 2640 Volvo, Anders Vilhelmsson, +46 31 322 38 79 UD, Per Sundström, +81 80 40 64 92 33 Investor Relations: Christer Johansson, AB Volvo +46 31 661334 Patrik Stenberg, AB Volvo, +46 31 661336 Anders Christensson, AB Volvo, +46 31 661191 John Hartwell, Volvo Group North America, +1 201-252-8844 For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews. AB Volvo (publ) January is required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08:30 a.m. in February 20, 2014.