Volvo Group opens new facilities in Lima, Peru

On June 12, the Volvo Group opened its new base of operations in Peru. With a
total area of 56,500 square meters, the facilities will serve as a hub for
commercial and after-market activities supporting Volvo, Mack and UD vehicles,
Volvo Buses, and Volvo Penta marine and industrial engines. US$ 17 million is
being invested in the new facilities.
“We have a very strong presence in Peru, a strong image and a high level of
customer satisfaction,” said Roger Alm, president of Latin American sales for
Volvo Group Trucks Sales and Marketing Americas. “We are market leaders in heavy
duty trucks and the new investment will help us support the expansion of our
business in the country.” The Volvo truck fleet in Peru is around 17,500 trucks.

The Peruvian facility is the first multi-brand operation of the Volvo Group in
South America, given that it will support Volvo, Mack and UD vehicles. In terms
of the Volvo truck brand, Peru is the second largest market in the continent.

Last year alone, 2,040 Volvo branded trucks were sold in Peru, a historical
record since Volvo entered the market 50 years ago. “Our trucks are ideal to
address the requirements of Peruvian carriers in the mining and long distance
freight segments,” said Rolf Smedberg, Managing Director of Volvo Peru.

The new Volvo Group Peru facilities are located in the popular district of
Lurín, which will make them an attractive location for both employees and other
stakeholders. The new venue will also feature a training center for service
technicians and drivers/operators, equipped with the leading edge in Volvo,
Mack, UD and Volvo Penta equipment and training infrastructure.

June 18, 2012

Reporters who want more information, please contact Mårten Wikforss, +46 31-66
11 27 or +46 705-59 11 49

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 and
construction equipment, drive systems for marine and industrial applications and
aerospace components. The Group also provides complete solutions for financing
and service. The Volvo Group, which employs about 115,000 people, has production
facilities in 20 countries and sells their products in more than 190 markets. In
2011 annual sales of the Volvo Group amounted to about SEK 310 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