Truck deliveries in January 2015 Deliveries from the Volvo

Deliveries from the Volvo Group’s truck operations in January 2015 amounted to 13,055 vehicles. This was a decrease of 4% compared with the year-earlier month. Volvo Group Deliveries in North America increased by 14% in January thanks to a continuously high demand due to fleet renewal and a good economic development in general while deliveries in Europe were at the same level as in January 2014. Deliveries declined by 66% in South America, primarily due to lower deliveries in Brazil. In Asia truck deliveries increased by 3%. Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD Trucks and Eicher): +---------------------------+------+------+------+ |Delivered Units |January |Change| +---------------------------+------+------+------+ |Volvo Group |2015 |2014 | | +---------------------------+------+------+------+ |Europe |5,147 |5,083 |1% | +---------------------------+------+------+------+ |   Western Europe |4,309 |3,950 |9% | +---------------------------+------+------+------+ |   Eastern Europe |838 |1,133 |-26% | +---------------------------+------+------+------+ |North America |4,753 |4,178 |14% | +---------------------------+------+------+------+ |South America |541 |1,580 |-66% | +---------------------------+------+------+------+ |Asia |1,902 |1,857 |3% | +---------------------------+------+------+------+ |Other markets |712 |914 |-22% | +---------------------------+------+------+------+ |Total Volvo Group |13,055|13,612|-4% | +---------------------------+------+------+------+ | | | | | +---------------------------+------+------+------+ |Light duty (< 7t) |1,034 |653 |58% | +---------------------------+------+------+------+ |Medium duty (7-16t) |998 |997 |0% | +---------------------------+------+------+------+ |Heavy duty (>16t) |11,023|11,962|-8% | +---------------------------+------+------+------+ |Total Volvo Group |13,055|13,612|-4% | +---------------------------+------+------+------+ | | | | | +---------------------------+------+------+------+ |Non-consolidated operations| | | | +---------------------------+------+------+------+ |Eicher (100%) |2,505 |3,209 |-22% | +---------------------------+------+------+------+ |DVT (100%) |6 | | | +---------------------------+------+------+------+ |Total Volumes |15,566|16,821|-7% | +---------------------------+------+------+------+ Volvo Deliveries by market area: +-------------------+-----+-----+------+ |Delivered Units |January |Change| +-------------------+-----+-----+------+ |Volvo |2015 |2014 |  | +-------------------+-----+-----+------+ |Europe |2,922|3,374|-13% | +-------------------+-----+-----+------+ |   Western Europe |2,261|2,472|-9% | +-------------------+-----+-----+------+ |   Eastern Europe |661 |902 |-27% | +-------------------+-----+-----+------+ |North America |2,733|2,433|12% | +-------------------+-----+-----+------+ |South America |435 |1,509|-71% | +-------------------+-----+-----+------+ |Asia |711 |765 |-7% | +-------------------+-----+-----+------+ |Other markets |223 |352 |-37% | +-------------------+-----+-----+------+ |Total Volvo |7,024|8,433|-17% | +-------------------+-----+-----+------+ | | | | | +-------------------+-----+-----+------+ |Medium duty (7-16t)|157 |147 |7% | +-------------------+-----+-----+------+ |Heavy duty (>16t) |6,867|8,286|-17% | +-------------------+-----+-----+------+ |Total Volvo |7,024|8,433|-17% | +-------------------+-----+-----+------+  UD Trucks Deliveries by market area: +-------------------+-----+-----+------+ |Delivered Units |January |Change| +-------------------+-----+-----+------+ |UD Trucks |2015 |2014 | | +-------------------+-----+-----+------+ |North America |12 |6 |100% | +-------------------+-----+-----+------+ |South America |15 |8 |88% | +-------------------+-----+-----+------+ |Asia |1,053|1,032|2% | +-------------------+-----+-----+------+ |Other markets |252 |255 |-1% | +-------------------+-----+-----+------+ |Total UD Trucks |1,332|1,301|2% | +-------------------+-----+-----+------+ | | | | | +-------------------+-----+-----+------+ |Light duty (< 7t) |48 |100 |-52% | +-------------------+-----+-----+------+ |Medium duty (7-16t)|526 |557 |-6% | +-------------------+-----+-----+------+ |Heavy duty (>16t) |758 |644 |18% | +-------------------+-----+-----+------+ |Total UD |1,332|1,301|2% | +-------------------+-----+-----+------+ | | +-------------------+-----+-----+------+ |Non-consolidated operations | +-------------------+-----+-----+------+ |DVT (100%) |6 |  | | +-------------------+-----+-----+------+ |Total volumes |1,338|1,301|3% | +-------------------+-----+-----+------+ Renault Trucks Deliveries by market area: +--------------------+-----+-----+------+ |Delivered Units |January |Change| +--------------------+-----+-----+------+ |Renault Trucks |2015 |2014 |  | +--------------------+-----+-----+------+ |Europe |2,225|1,709|30% | +--------------------+-----+-----+------+ |   Western Europe |2,048|1,478|39% | +--------------------+-----+-----+------+ |   Eastern Europe |177 |231 |-23% | +--------------------+-----+-----+------+ |North America |21 |6 |250% | +--------------------+-----+-----+------+ |South America |9 |34 |-74% | +--------------------+-----+-----+------+ |Asia |138 |60 |130% | +--------------------+-----+-----+------+ |Other markets |189 |276 |-32% | +--------------------+-----+-----+------+ |Total Renault Trucks|2,582|2,085|24% | +--------------------+-----+-----+------+ | | | | | +--------------------+-----+-----+------+ |Light duty (< 7t) |986 |553 |78% | +--------------------+-----+-----+------+ |Medium duty (7-16t) |315 |293 |8% | +--------------------+-----+-----+------+ |Heavy duty (>16t) |1,281|1,239|3% | +--------------------+-----+-----+------+ |Total Renault Trucks|2,582|2,085|24% | +--------------------+-----+-----+------+ Mack Deliveries by market area: +-----------------+-----+-----+------+ |Delivered Units |January |Change| +-----------------+-----+-----+------+ |Mack |2015 |2014 | | +-----------------+-----+-----+------+ |Europe | | | | +-----------------+-----+-----+------+ |   Western Europe| | | | +-----------------+-----+-----+------+ |   Eastern Europe| | | | +-----------------+-----+-----+------+ |North America |1,987|1,733|15% | +-----------------+-----+-----+------+ |South America |82 |29 |183% | +-----------------+-----+-----+------+ |Asia | | | | +-----------------+-----+-----+------+ |Other markets |48 |31 |55% | +-----------------+-----+-----+------+ |Total Mack |2,117|1,793|18% | +-----------------+-----+-----+------+ | | | | | +-----------------+-----+-----+------+ |Heavy duty (>16t)|2,117|1,793|18% | +-----------------+-----+-----+------+ |Total Mack |2,117|1,793|18% | +-----------------+-----+-----+------+ Eicher* Deliveries by market area: +-------------------+-----+-----+------+ |Delivered Units |January |Change| +-------------------+-----+-----+------+ |Eicher (100%) |2015 |2014 | | +-------------------+-----+-----+------+ |Asia |2,505|3,209|-22% | +-------------------+-----+-----+------+ |Total Eicher |2,505|3,209|-22% | +-------------------+-----+-----+------+ | | | | | +-------------------+-----+-----+------+ |Light duty (< 7t) |355 |411 |-14% | +-------------------+-----+-----+------+ |Medium duty (7-16t)|1,448|2,093|-31% | +-------------------+-----+-----+------+ |Heavy duty (>16t) |702 |705 |-0% | +-------------------+-----+-----+------+ |Total Eicher |2,505|3,209|-22% | +-------------------+-----+-----+------+ *As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group. January 19, 2015 Reporters, who would like more information, please contact: Volvo Group Media Relations: Karin Wik +46 31 661020 Truck brands: Renault Trucks, Fabrice Piombo, +33 472961220 Mack, Kim Pupillo, +1 336 393 2640 Volvo, Anders Vilhelmsson, +46 31 322 38 79 UD Trucks, Mansoor Ahmed, +86 10 65829122 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, AB Volvo +1 201 252 8844 For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2014 the Volvo Group’s sale amounted to about SEK 283 billion (EUR 31 billion). The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on Nasdaq Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone. 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 January 19, 2015.