The Volvo Group has decided to consolidate its industrial operation in Japan in
order to improve the overall efficiency. In May 2013 the Ota remanufacturing
plant will be closed and the operation moved to Ageo, the main plant in Japan.
The project also includes cleaning of the land, demolishing of old and outdated
buildings as well as moving or phasing out equipment for old products. In total,
costs corresponding to SEK 280 M related to these activities will be recorded in
the fourth quarter of 2012, affecting the truck segment.
January 11, 2013

Journalists who require further information are requested to contact Kina
Wileke, +46 (0)31-66 12 32 or +46 (0) 739-02 55 44.

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http://www.volvogroup.com/globalnews.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses and
construction equipment, and drive systems for marine and industrial
applications. 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 its 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.