Volvo: Truck Deliveries in October 2014

Regulatory News:

Deliveries from the Volvo Group’s truck operations in October 2014 amounted to 22,244 vehicles. This was a decrease of 5% compared with the year-earlier month.

Volvo Group (STO:VOLVA) (STO:VOLVB)

Deliveries from the Volvo Group’s truck operations in October 2014 amounted to 22,244 vehicles. This was a decrease of 5% compared with the year-earlier month. On a regional basis October deliveries declined by 14% in South America, primarily due to lower deliveries in Brazil. Deliveries in Europe declined by 22%, mainly as a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation and lower deliveries in France due to general slow economic development in 2014. Deliveries in North America increased by 21% in October.

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD Trucks and Eicher):

Volvo

In October 11,460 Volvo trucks were delivered, a decrease of 5% compared with the same month last year.

In Europe 4,377 vehicles were delivered during October, down by 21% compared with October 2013. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation.

Demand in North America continued to be good and deliveries increased by 23% to 3,544 vehicles in comparison with the same period last year.

Deliveries in South America decreased to 1,783 trucks in October, a decrease of 7% compared with October 2013.

Deliveries by market area:

Mack

Deliveries for Mack in October totaled 2,421 vehicles, a 11% increase compared with October 2013.

Deliveries by market area:

Renault Trucks

In October 3,917 trucks were delivered by Renault Trucks. The deliveries of heavy duty trucks declined by 30% to 2,014 trucks in October compared with the year-earlier month. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation and lower deliveries in France due to general slow economic development. Deliveries of light duty trucks increased to 1,360 trucks, up by 5%.

Deliveries by market area:

UD Trucks

In October 2014, UD Trucks delivered 1,958 trucks, which was an increase by 9% compared to October last year.

Deliveries by market area:

Eicher*

Eicher delivered 2,486 trucks in October which is a decrease by 5% compared to the amount of trucks delivered in October 2013.

Deliveries by market area:

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group.

November 19, 2014

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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 110,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2014 the Volvo Group’s sales amounted to about SEK 270 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange 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 November 19, 2014.

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