Truck deliveries in February 2014 Deliveries from the Volvo

Deliveries from the Volvo Group’s truck operations in February 2014 amounted to 15,689 vehicles. This was an increase of 28% compared with the year-earlier month. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher): Delivered February Change Year Change Units -to date Volvo Group 2014 2013                             2014 2013 Europe 5 654 4 939 14% 10 9 314 15% 737    Western 4 290 3 757 14% 8 240 7 380 12% Europe    Eastern 1 364 1 182 15% 2 497 1 934 29% Europe North America 3 896 2 519 55% 8 074 4 481 80% South America 2 505 1 903 32% 4 085 3 514 16% Asia 2 406 1 820 32% 4 263 3 647 17% Other markets 1 228 1 091 13% 2 142 2 107 2% Total Volvo 15 689 12 28% 29 23 27% Group 272 301 063 Light duty (< 914 840 9% 1 567 1 735 -10% 7t) Medium duty 1 035 1 241 -17% 2 032 2 307 -12% (7-16t) Heavy duty 13 740 10 35% 25 19 35% (>16t) 191 702 021 Total Volvo 15 689 12 28% 29 23 27% Group 272 301 063 Non -consolidated operations Eicher (100%) 2 269 3 041 -25% 4 413 6 250 -29% DND (100%) 2 9 -78% 2 30 -93% Total Volumes 17 960 15 17% 33 29 15% 322 716 343 Volvo In February 9,854 Volvo trucks were delivered, an increase of 45% compared with the same month last year. In Europe 3,558 vehicles were delivered during February, up by 38% compared with February 2013. February 2013 included several down-days in production resulting in fewer production days compared with 2014. February deliveries in North America increased 69% to 2,412 vehicles in comparison with the same period last year. The increase is partly due to several down-days in February 2013. February deliveries in South America increased 43% to 2,367 trucks compared with February 2013. Deliveries by market area: Delivered Units February Change Year-to-date Change Volvo 2014 2013   2014 2013 Europe 3 558 2 578 38% 6 932 4 773 45%    Western Europe 2 427 1 625 49% 4 899 3 232 52%    Eastern Europe 1 131 953 19% 2 033 1 541 32% North America 2 412 1 426 69% 4 845 2 214 119% South America 2 367 1 653 43% 3 876 3 090 25% Asia 964 787 22% 1 729 1 606 8% Other markets 553 363 52% 905 699 29% Total Volvo 9 854 6 807 45% 18 287 12 382 48% Medium duty (7-16t) 149 111 34% 296 230 29% Heavy duty (>16t) 9 705 6 696 45% 17 991 12 152 48% Total Volvo 9 854 6 807 45% 18 287 12 382 48% Mack February deliveries of Mack trucks increased by 25% compared to the same month last year, and reached 1,622 trucks. The increase is partly due to several down -days in February 2013. Deliveries by market area: Delivered Units February Change Year-to-date Change Mack 2014 2013 2014 2013 Europe    Western Europe    Eastern Europe North America 1 477 1 036 43% 3 210 2 165 48% South America 62 181 -66% 91 306 -70% Asia 2 -100% 2 -100% Other markets 83 79 5% 114 130 -12% Total Mack 1 622 1 298 25% 3 415 2 603 31% Heavy duty (>16t) 1 622 1 298 25% 3 415 2 603 31% Total Mack 1 622 1 298 25% 3 415 2 603 31% Renault Trucks In February 2,589 trucks were delivered by Renault Trucks which was a decrease by 10% compared to a year ago due to lowered production following the lower demand from the transition to the new Euro 6 emission regulation and the on -going product renewal. Deliveries by market area: Delivered Units February Change Year-to-date Change Renault Trucks 2014 2013   2014 2013 Europe 2 096 2 361 -11% 3 805 4 541 -16%    Western Europe 1 863 2 132 -13% 3 341 4 148 -19%    Eastern Europe 233 229 2% 464 393 18% North America 4 13 -69% 10 14 -29% South America 44 62 -29% 78 102 -24% Asia 195 149 31% 255 329 -22% Other markets 250 300 -17% 526 641 -18% Total Renault Trucks 2 589 2 885 -10% 4 674 5 627 -17% Light duty (< 7t) 821 776 6% 1 374 1 569 -12% Medium duty (7-16t) 289 566 -49% 582 1 028 -43% Heavy duty (>16t) 1 479 1 543 -4% 2 718 3 030 -10% Total Renault Trucks 2 589 2 885 -10% 4 674 5 627 -17% UD In February 2014, UD Trucks delivered 1,624 trucks, which was an increase by 27% compared to February last year. Deliveries by market area: Delivered Units February Change Year-to-date Change UD 2014 2013* 2014 2013 North America 3 44 -93% 9 88 -90% South America 32 7 357% 40 16 150% Asia 1 247 882 41% 2 279 1 710 33% Other markets 342 349 -2% 597 637 -6% Total UD 1 624 1 282 27% 2 925 2 451 19% Light duty (< 7t) 93 64 45% 193 166 16% Medium duty (7-16t) 597 564 6% 1 154 1 049 10% Heavy duty (>16t) 934 654 43% 1 578 1 236 28% Total UD 1 624 1 282 27% 2 925 2 451 19% Non-consolidated operations DND (100%) 2 9 -78% 2 30 -93% Total volumes 1 626 1 291 26% 2 927 2 481 18% Eicher* Deliveries of Eicher trucks in February decreased by 25% to 2,269 trucks compared to the same month last year. Deliveries by market area: Delivered Units February Change Year-to-date Change Eicher (100%) Asia 2 269 3 041 -25% 4 413 6 250 -29% Total Eicher 2 269 3 041 -25% 4 413 6 250 -29% Light duty (< 7t) 418 325 29% 802 736 9% Medium duty (7-16t) 1 238 2 091 -41% 2 530 4 184 -40% Heavy duty (>16t) 613 625 -2% 1 081 1 330 -19% Total Eicher 2 269 3 041 -25% 4 413 6 250 -29% *As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group March 20, 2014 Reporters, who would like more information, please contact: Media Relations Volvo Group: Karin Wik, +31 66 12 32 Truck brands: Renault Trucks, Fabrice Piombo, +33 472961220 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) may be 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 March 20, 2014.