Truck deliveries in April 2014 Deliveries from the Volvo

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Truck deliveries in April 2014

Deliveries from the Volvo Group’s truck operations in April 2014 amounted to 16,354 vehicles. This was a decrease of 1% compared with the year-earlier month. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD Trucks and Eicher): +-------------+------+------+---------------------------+------+------+------+ |Delivered |April |Change |Year-to date |Change| |Units | | | | | +-------------+------+------+---------------------------+------+------+------+ |Volvo Group |2014 |2013 |                           |2014 |2013 | | +-------------+------+------+---------------------------+------+------+------+ |Europe |5 814 |6 334 |-8% |22 402|21 550|4% | +-------------+------+------+---------------------------+------+------+------+ |   Western |4 548 |4 944 |-8% |17 215|16 936|2% | |Europe | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |   Eastern |1 266 |1 390 |-9% |5 187 |4 614 |12% | |Europe | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |North America|4 813 |4 237 |14% |17 814|11 944|49% | +-------------+------+------+---------------------------+------+------+------+ |South America|1 772 |2 511 |-29% |8 217 |8 552 |-4% | +-------------+------+------+---------------------------+------+------+------+ |Asia |2 410 |2 121 |14% |10 636|8 131 |31% | +-------------+------+------+---------------------------+------+------+------+ |Other markets|1 545 |1 369 |13% |5 130 |4 811 |7% | +-------------+------+------+---------------------------+------+------+------+ |Total Volvo |16 354|16 572|-1% |64 199|54 988|17% | |Group | | | | | | | +-------------+------+------+---------------------------+------+------+------+ | | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Light duty (<|1 180 |1 155 |2% |3 761 |4 016 |-6% | |7t) | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Medium duty |1 233 |1 245 |-1% |4 723 |4 900 |-4% | |(7-16t) | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Heavy duty |13 941|14 172|-2% |55 715|46 072|21% | |(>16t) | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Total Volvo |16 354|16 572|-1% |64 199|54 988|17% | |Group | | | | | | | +-------------+------+------+---------------------------+------+------+------+ | | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Non | | | | | | | |-consolidated| | | | | | | |operations | | | | | | | +-------------+------+------+---------------------------+------+------+------+ |Eicher (100%)|2 348 |2 741 |-14% |10 015|12 836|-22% | +-------------+------+------+---------------------------+------+------+------+ |DVT (100%) |8 |23 |-65% |17 |77 |-78% | +-------------+------+------+---------------------------+------+------+------+ |Total Volumes|18 710|19 336|-3% |74 231|67 901|9% | +-------------+------+------+---------------------------+------+------+------+ Volvo In April 9,365 Volvo trucks were delivered, a decrease of 2% compared with the same month last year. In Europe 3,504 vehicles were delivered during April, up by 3% compared with April 2013. Demand in North America continued to be good and deliveries increased by 17% to 2,760 vehicles in comparison with the same period last year. Production will moderately increase at the end of the second quarter to meet increased demand. April deliveries in South America decreased by 30% to 1,595 trucks compared with April 2013. The decrease is a consequence of lower demand as well as inventory reduction in the dealer channel. Production rates in Brazil have been reduced during the second quarter. Deliveries by market area: +-------------------+-----+-----+------+------+------+------+ |Delivered Units |April |Change|Year-to-date |Change| +-------------------+-----+-----+------+------+------+------+ |Volvo |2014 |2013 |  |2014 |2013 | | +-------------------+-----+-----+------+------+------+------+ |Europe |3 504|3 394|3% |13 966|11 381|23% | +-------------------+-----+-----+------+------+------+------+ |   Western Europe |2 479|2 169|14% |9 665 |7 509 |29% | +-------------------+-----+-----+------+------+------+------+ |   Eastern Europe |1 025|1 225|-16% |4 301 |3 872 |11% | +-------------------+-----+-----+------+------+------+------+ |North America |2 760|2 350|17% |10 445|6 323 |65% | +-------------------+-----+-----+------+------+------+------+ |South America |1 595|2 279|-30% |7 693 |7 576 |2% | +-------------------+-----+-----+------+------+------+------+ |Asia |935 |1 051|-11% |3 880 |3 701 |5% | +-------------------+-----+-----+------+------+------+------+ |Other markets |571 |488 |17% |2 122 |1 642 |29% | +-------------------+-----+-----+------+------+------+------+ |Total Volvo |9 365|9 562|-2% |38 106|30 623|24% | +-------------------+-----+-----+------+------+------+------+ | | | | | | | | +-------------------+-----+-----+------+------+------+------+ |Medium duty (7-16t)|239 |142 |68% |671 |461 |46% | +-------------------+-----+-----+------+------+------+------+ |Heavy duty (>16t) |9 126|9 420|-3% |37 435|30 162|24% | +-------------------+-----+-----+------+------+------+------+ |Total Volvo |9 365|9 562|-2% |38 106|30 623|24% | +-------------------+-----+-----+------+------+------+------+  Mack Deliveries for Mack in April totaled 2,177 vehicles, a 4 percent increase compared with April 2013. Production will be moderately increased at the end of the second quarter to meet increased demand. Deliveries by market area: +-----------------+-----+-----+------+-----+------+------+ |Delivered Units |April |Change|Year-to-date|Change| +-----------------+-----+-----+------+-----+------+------+ |Mack |2014 |2013 | |2014 |2013 | | +-----------------+-----+-----+------+-----+------+------+ |Europe |- |-  |- |-  |1 |-100% | +-----------------+-----+-----+------+-----+------+------+ |   Western Europe|- |-  | - |-  |1 | -100%| +-----------------+-----+-----+------+-----+------+------+ |   Eastern Europe|- |-  |- |-  |-  |- | +-----------------+-----+-----+------+-----+------+------+ |North America |2 034|1 848|10% |7 326|5 406 |36% | +-----------------+-----+-----+------+-----+------+------+ |South America |68 |152 |-55% |218 |707 |-69% | +-----------------+-----+-----+------+-----+------+------+ |Asia |3 |6 |-50% |3 |6 |-50% | +-----------------+-----+-----+------+-----+------+------+ |Other markets |72 |90 |-20% |280 |295 |-5% | +-----------------+-----+-----+------+-----+------+------+ |Total Mack |2 177|2 096|4% |7 827|6 415 |22% | +-----------------+-----+-----+------+-----+------+------+ | | | | | | | | +-----------------+-----+-----+------+-----+------+------+ |Heavy duty (>16t)|2 177|2 096|4% |7 827|6 415 |22% | +-----------------+-----+-----+------+-----+------+------+ |Total Mack |2 177|2 096|4% |7 827|6 415 |22% | +-----------------+-----+-----+------+-----+------+------+ Renault Trucks In April 3,338 trucks were delivered by Renault Trucks which was a decrease by 6% compared to a year ago. Deliveries by market area: +--------------------+-----+-----+------+------+------+------+ |Delivered Units |April |Change|Year-to-date |Change| +--------------------+-----+-----+------+------+------+------+ |Renault Trucks |2014 |2013 |  |2014 |2013 | | +--------------------+-----+-----+------+------+------+------+ |Europe |2 310|2 940|-21% |8 436 |10 168|-17% | +--------------------+-----+-----+------+------+------+------+ |   Western Europe |2 069|2 775|-25% |7 550 |9 426 |-20% | +--------------------+-----+-----+------+------+------+------+ |   Eastern Europe |241 |165 |46% |886 |742 |19% | +--------------------+-----+-----+------+------+------+------+ |North America |18 |9 |100% |32 |31 |3% | +--------------------+-----+-----+------+------+------+------+ |South America |52 |66 |-21% |179 |232 |-23% | +--------------------+-----+-----+------+------+------+------+ |Asia |481 |181 |166% |1 065 |633 |68% | +--------------------+-----+-----+------+------+------+------+ |Other markets |477 |372 |28% |1 321 |1 391 |-5% | +--------------------+-----+-----+------+------+------+------+ |Total Renault Trucks|3 338|3 568|-6% |11 033|12 455|-11% | +--------------------+-----+-----+------+------+------+------+ | | | | | | | | +--------------------+-----+-----+------+------+------+------+ |Light duty (< 7t) |1 104|1 047|5% |3 361 |3 588 |-6% | +--------------------+-----+-----+------+------+------+------+ |Medium duty (7-16t) |319 |569 |-44% |1 173 |2 184 |-46% | +--------------------+-----+-----+------+------+------+------+ |Heavy duty (>16t) |1 915|1 952|-2% |6 499 |6 683 |-3% | +--------------------+-----+-----+------+------+------+------+ |Total Renault Trucks|3 338|3 568|-6% |11 033|12 455|-11% | +--------------------+-----+-----+------+------+------+------+ UD Trucks In April 2014, UD Trucks delivered 1,474 trucks, which was an increase by 10% compared to April last year. Deliveries by market area: +-------------------+-----+-----+------+-----+------+------+ |Delivered Units |April |Change|Year-to-date|Change| +-------------------+-----+-----+------+-----+------+------+ |UD Trucks |2014 |2013 | |2014 |2013 | | +-------------------+-----+-----+------+-----+------+------+ |North America |1 |30 |-97% |11 |184 |-94% | +-------------------+-----+-----+------+-----+------+------+ |South America |57 |14 |307% |127 |37 |243% | +-------------------+-----+-----+------+-----+------+------+ |Asia |991 |883 |12% |5 688|3 791 |50% | +-------------------+-----+-----+------+-----+------+------+ |Other markets |425 |419 |1% |1 407|1 483 |-5% | +-------------------+-----+-----+------+-----+------+------+ |Total UD Trucks |1 474|1 346|10% |7 233|5 495 |32% | +-------------------+-----+-----+------+-----+------+------+ | | | | | | | | +-------------------+-----+-----+------+-----+------+------+ |Light duty (< 7t) |76 |108 |-30% |400 |428 |-7% | +-------------------+-----+-----+------+-----+------+------+ |Medium duty (7-16t)|675 |534 |26% |2 879|2 255 |28% | +-------------------+-----+-----+------+-----+------+------+ |Heavy duty (>16t) |723 |704 |3% |3 954|2 812 |41% | +-------------------+-----+-----+------+-----+------+------+ |Total UD |1 474|1 346|10% |7 233|5 495 |32% | +-------------------+-----+-----+------+-----+------+------+ | | | | | +-------------------+-----+-----+------+-----+------+------+ |Non-consolidated operations | | | | +-------------------+-----+-----+------+-----+------+------+ |DVT (100%) |8 |23 |-65% |17 |77 |-78% | +-------------------+-----+-----+------+-----+------+------+ |Total volumes |1 482|1 369|8% |7 250|5 572 |30% | +-------------------+-----+-----+------+-----+------+------+  Eicher* Deliveries of Eicher trucks in April decreased by 14% to 2,348 trucks compared to the same month last year. Deliveries by market area: +-------------------+-----+-----+------+------+------+------+ |Delivered Units |April |Change|Year-to-date |Change| +-------------------+-----+-----+------+------+------+------+ |Eicher (100%) | | | | | | | +-------------------+-----+-----+------+------+------+------+ |Asia |2 348|2 741|-14% |10 015|12 836|-22% | +-------------------+-----+-----+------+------+------+------+ |Total Eicher |2 348|2 741|-14% |10 015|12 836|-22% | +-------------------+-----+-----+------+------+------+------+ | | | | | | | | +-------------------+-----+-----+------+------+------+------+ |Light duty (< 7t) |380 |404 |-6% |1 715 |1 606 |7% | +-------------------+-----+-----+------+------+------+------+ |Medium duty (7-16t)|1 175|1 764|-33% |5 642 |8 375 |-33% | +-------------------+-----+-----+------+------+------+------+ |Heavy duty (>16t) |793 |573 |38% |2 658 |2 855 |-7% | +-------------------+-----+-----+------+------+------+------+ |Total Eicher |2 348|2 741|-14% |10 015|12 836|-22% | +-------------------+-----+-----+------+------+------+------+ *As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group May 21, 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 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 May 21, 2014.

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