New President and CEO at Volvo Car Corporation


STOCKHOLM, Sweden, June 9, 2005 (PRIMEZONE) -- Fredrik Arp, currently President and CEO at Trelleborg AB, has been appointed new President and CEO at Volvo Car Corporation effective October 1, 2005. Fredrik Arp will succeed Hans-Olov Olsson, who becomes Chairman of the Board at Volvo Car Corporation October 1, 2005.

Volvo Cars will hold a press conference on Thursday June 9 at 12.00 PM at the Volvo Exhibition Centre (Volvohallen) Torslanda, Goteborg.

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Volvo
Olle Axelson, Senior Vice President Public Affairs
Phone: +46 31 59 26 00 

Christer Gustafsson, Press Officer
Tel +46-31-59 65 25