The Volvo Group receives Statement of objections from the European Commission regarding on-going antitrust investigation


The Volvo Group has on November 20, 2014 received a Statement of objections from
the European Commission, stating the Commission’s preliminary view that Volvo
and other companies in the truck industry may have breached EU antitrust rules.
The Statement of objections does not prejudice the final outcome of the
Commission proceedings. Volvo is now evaluating the implications of the
Statement of objections.
In January 2011, the Volvo Group and a number of other companies in the truck
industry became part of an investigation by the European Commission regarding a
possible violation of EU antitrust rules. The Volvo Group is cooperating fully
with the authorities and has previously announced that it is of the view that it
is probable that the Group’s financial result and cash flow may be materially
adversely affected as a result of the Commission’s investigation.

The Statement of objections is a formal step in the Commission’s antitrust
investigations, informing the parties concerned in writing of the Commission’s
preliminary standpoint. Subsequent to the Statement of objections the parties
may examine the documents in the Commission's investigation file and provide a
response, before the Commission takes a decision on the matter. Volvo is now
evaluating the implications of the Statement of objections and will issue a
response in due course.

November 20, 2014

Journalists who require further information are requested to please contact Kina
Wileke, +46 (0)31-323 7229 or +46 (0) 765-537229.

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,
construction equipment and marine and industrial engines. The Group also
provides complete solutions for financing and service. The Volvo Group, which
employs about 110,000 people, has production facilities in 18 countries and
sells its products in more than 190 markets. In 2013 the Volvo Group’s sales
amounted to about SEK 270 billion. The Volvo Group is a publicly-held company
headquartered in Göteborg, Sweden. Volvo shares are listed on Nasdaq Stockholm.
For more information, please visit www.volvogroup.com or www.volvogroup.mobi if
you are using your mobile phone.

AB Volvo (publ) may be required to disclose the information provided herein
pursuant to the Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 12.30 p.m November 20,
2014.

Attachments

11201687.pdf