New President of Volvo Information Technology

New President of Volvo Information Technology

Magnus Carlander, 52, has been appointed new President of Volvo Information
Technology. Carlander has been a member of Volvo IT's management group since
1998 and his duties have included responsibility for the development of IT
support for  the Volvo Group's administrative services. 


Magnus Carlander will assume his new position in April this year in connection
with the retirement of current President Ulf Nilsson. Carlander will also assume
the role of Chief Information Officer, CIO, for the Volvo Group. Magnus
Carlander has previously worked for such companies as Volvo Cars and has a
degree in engineering from Chalmers Institute of Technology. 

About Volvo Information Technology
Volvo IT supplies IT solutions and services that cover the entire industrial
process, from product development and manufacturing to sales, aftermarket and
administration, including IT operations and infrastructure. Customers include
the Volvo Group, Ford-owned Volvo Cars, SCA, Nobel Biocare and GE Healthcare. In
2007, Volvo IT's global operations generated total sales of approximately SEK
7,5 billion and had a total of about 7,000 employees and consultants in Europe,
North America, South America, Asia and Africa. Volvo Information Technology AB
is a wholly owned subsidiary of AB Volvo.

February 8, 2008

For reporters who want more information, please contact;
AB Volvo: Mårten Wikforss, +46 31 66 11 27
Volvo IT:  Anders Vilhelmsson, +46 31 322 38 79

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AB Volvo (publ) may be required to disclose the information provided herein
pursuant to the Securities Markets Act. The information was submitted for
publication at 13.30 p.m. February 8, 2008.


The Volvo Group is one of the world's leading manufacturers of trucks, buses and
construction equipment, drive systems for marine and industrial applications,
aerospace components and services. 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 their products in more than
180 markets. Annual sales of the Volvo Group amount to about SEK 285 billion.
The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden.
Volvo shares are listed on OMX Nordic Exchange Stockholm.