Volvo: Truck Deliveries, June 2002


GOTEBORG, Sweden, July 23, 2002 (PRIMEZONE) -- Volvo:

Deliveries from Volvo's truck operations, which includes Volvo Trucks, Mack Trucks Inc., and Renault Trucks increased by 13% for the month of June, compared with the same month last year. On a year-to-date basis, deliveries amounted to 77,103 trucks compared with 82,084 trucks for the same period last year, a decrease of 6 %. In Europe, deliveries declined by 8 % to 47,748, and 18,034 trucks were delivered in North America, which is 9 % less compared with the same period last year.

On a 12-month rolling basis, order intake for the truck brands was 2% higher than at the same time last year, with North America down 11% and Europe up 3%.

Deliveries by market area:


Delivered Units            Year-to-Date    Change
Volvo Group                2002     2001        
Europe                   47,748   51,986     -8%
 Western Europe          43,923   48,507     -9%
 Eastern Europe           3,825    3,479     10%
North America            18,034   19,898     -9%
South America             2,529    2,986    -15%
Asia                      3,974    2,506     59%
Other markets             4,818    4,708      2%
Total Volvo Group        77,103   82,084     -6%
Mack Trucks Inc.

Deliveries by market area:

                               Year-to-Date     Change
Delivered Units
Mack Trucks Inc.                2002     2001        
North America                 11,030   12,534    -12%
South America                    334      585    -43%
Asia                               4        8    -50%
Other markets                    441      407      8%
Total Mack Trucks Inc.        11,809   13,534    -13%

Renault Trucks

Deliveries by market area:
                              Year-to-Date    Change
Delivered Units
Renault Trucks                2002     2001        
Europe                      29,760   29,977     -1%
 Western Europe             28,089   28,629     -2%
 Eastern Europe              1,671    1,348     24%
Asia                           138      276    -50%
Other markets                2,964    3,203     -7%
Total Renault Trucks        32,862   33,456     -2%

Volvo Trucks

Deliveries by market area:
                            Year-to-Date    Change
Delivered Units
Volvo Trucks                2002     2001        
Europe                    17,988   22,009    -18%
 Western Europe           15,834   19,878    -20%
 Eastern Europe            2,154    2,131      1%
North America              7,004    7,364     -5%
South America              2,195    2,401     -9%
Asia                       3,832    2,222     72%
Other markets              1,413    1,098     29%
Total Volvo Trucks        32,432   35,094     -8%

July 23, 2002

For further information, please contact:


Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59

Bob Martin, Mack Trucks, Inc. +1 (610) 709-2670

Claes Claeson, Volvo Truck Corporation, +46 31 66 39 08, 0708-36 39 08

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The following files are available for download:


www.waymaker.net/bitonline/2002/07/23/20020723BIT00070/wkr0001.doc
www.waymaker.net/bitonline/2002/07/23/20020723BIT00070/wkr0002.pdf