Truck deliveries in February 2013


Deliveries from the Volvo Group’s truck operations in February 2013 amounted to
12,272 vehicles. This was a decrease of 26% compared with the year-earlier
month.
Volvo Group

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and
Eicher):

Delivered      February       Change                       Year          Change
Units                                                      -to
                                                           date
Volvo Group    2013    2012*                               2013   2012
Europe         4 939   6 099  -19%                         9 314  12     -24%
                                                                  333
   Western     3 757   4 876  -23%                         7 380  10     -26%
Europe                                                            024
   Eastern     1 182   1 223  -3%                          1 934  2 309  -16%
Europe
North America  2 519   4 668  -46%                         4 481  7 812  -43%

South America  1 903   1 728  10%                          3 514  2 911  21%

Asia           1 820   2 396  -24%                         3 647  4 763  -23%

Other markets  1 091   1 605  -32%                         2 107  2 636  -20%

Total Volvo    12 272  16     -26%                         23     30     -24%
Group                  496                                 063    455

Light duty (<  840     1 188  -29%                         1 735  2 653  -35%
7t)
Medium duty    1 241   1 674  -26%                         2 307  3 234  -29%
(7-16t)
Heavy duty     10 191  13     -25%                         19     24     -23%
(>16t)                 634                                 021    568
Total Volvo    12 272  16     -26%                         23     30     -24%
Group                  496                                 063    455

Non
-consolidated
operations
Eicher (100%)  3 041   3 790  -20%                         6 250  7 101  -12%

DND (100%)     9       8      13%                          30     72     -58%
Total Volumes  15 322  20     -24%                         29     37     -22%
                       294                                 343    628

*Restated for new accounting rules, effective Januari 1, 2013, where 50/50 joint
-ventures are consolidated using the equity method instead of the proportionate
method.

Volvo

In February 6,807 Volvo trucks were delivered, a decrease of 17% compared with
the same month last year.

In Europe 2,578 vehicles were delivered during February, down 16% compared with
February 2012. This is a reflection of the relatively low order intake during
second part of 2012 when truck customers in general were uncertain of the
development of the European economy and thus delayed their decision to invest in
new trucks.

February deliveries in North America decreased 40% to 1,426 vehicles in
comparison with the same period in 2012.  The decrease was driven in part by the
ongoing realignment of production to current industry demand that began in the
fourth quarter of 2012.

Deliveries for South America increased 12% in February to 1,653 commercial
vehicles.

In Brazil, infrastructure investments continue to positively impact the overall
market and deliveries of Volvo trucks increased 18% to 1,370 trucks in
February.

Deliveries by market area:

Delivered Units      February      Change  Year-to-date    Change
Volvo                2013   2012           2013    2012
Europe               2 578  3 077  -16%    4 773   6 038   -21%
   Western Europe    1 625  2 206  -26%    3 232   4 374   -26%
   Eastern Europe    953    871    9%      1 541   1 664   -7%
North America        1 426  2 364  -40%    2 214   3 946   -44%
South America        1 653  1 480  12%     3 090   2 522   23%
Asia                 787    838    -6%     1 606   1 752   -8%
Other markets        363    479    -24%    699     802     -13%
Total Volvo          6 807  8 238  -17%    12 382  15 060  -18%

Medium duty (7-16t)  111    139    -20%    230     278     -17%
Heavy duty (>16t)    6 696  8 099  -17%    12 152  14 782  -18%
Total Volvo          6 807  8 238  -17%    12 382  15 060  -18%

Mack

Deliveries for Mack in February totaled 1,298 vehicles, a 50% decrease compared
with February 2012.  The decrease was driven in part by the impact of lingering
economic uncertainty, and by steps to align production with current industry
demand that began late last year.

Deliveries by market area:

Delivered Units    February      Change  Year-to-date  Change
Mack               2013   2012           2013   2012
North America      1 036  2 240  -54%    2 165  3 707  -42%
South America      181    192    -6%     306    258    19%
Other markets      2      1      100%    2      1      100%
Asia               79     150    -47%    130    210    -38%
Total Mack         1 298  2 583  -50%    2 603  4 176  -38%

Heavy duty (>16t)  1 298  2 583  -50%    2 603  4 176  -38%
Total Mack         1 298  2 583  -50%    2 603  4 176  -38%

Renault Trucks

In February, 2,885 Renault trucks were delivered, a decrease of 25% compared
with February 2012. The decline in deliveries is a reflection of the relatively
low order intake during second part of 2012 when truck customers in general were
uncertain of the development of the European economy and thus delayed their
decision to invest in new trucks.

Deliveries for Europe declined by 22% in February to 2,361 vehicles. In Western
Europe, deliveries were down by 20% and in France 1,232 trucks were delivered,
down 14% compared with the year-earlier period.

Deliveries by market area:

Delivered Units       February      Change  Year-to-date  Change
Renault Trucks        2013   2012           2013   2012
Europe                2 361  3 022  -22%    4 541  6 295  -28%
   Western Europe     2 132  2 670  -20%    4 148  5 650  -27%
   Eastern Europe     229    352    -35%    393    645    -39%
North America         13     8      63%     14     25     -44%
South America         62     47     32%     102    104    -2%
Asia                  149    236    -37%    329    493    -33%
Other markets         300    555    -46%    641    801    -20%
Total Renault Trucks  2 885  3 868  -25%    5 627  7 718  -27%

Light duty (< 7t)     776    1 033  -25%    1 569  2 315  -32%
Medium duty (7-16t)   566    662    -15%    1 028  1 198  -14%
Heavy duty (>16t)     1 543  2 173  -29%    3 030  4 205  -28%
Total Renault Trucks  2 885  3 868  -25%    5 627  7 718  -27%

UD

Deliveries from UD Trucks in February 2013 decreased by 29% to 1,282 vehicles
compared to February 2012.

Deliveries by market area:

Delivered Units      February      Change  Year-to-date  Change
UD                   2013   2012*          2013   2012
North America        44     56     -21%    88     134    -34%
South America        7      9      -22%    16     27     -41%
Asia                 882    1 321  -33%    1 710  2 517  -32%
Other markets        349    421    -17%    637    823    -23%
Total UD             1 282  1 807  -29%    2 451  3 501  -30%

Light duty (< 7t)    64     155    -59%    166    338    -51%
Medium duty (7-16t)  564    873    -35%    1 049  1 758  -40%
Heavy duty (>16t)    654    779    -16%    1 236  1 405  -12%
Total UD             1 282  1 807  -29%    2 451  3 501  -30%

Non-consolidated operations
DND (100%)           9      8      13%     30     72     -58%
Total volumes        1 291  1 815  -29%    2 481  3 573  -31%

*Restated for new accounting rules, effective Januari 1, 2013, where 50/50 joint
-ventures are consolidated using the equity method instead of the proportionate
method.

Eicher*

Deliveries of Eicher trucks in February decreased by 20% to 3,041 trucks
compared to the same month last year.

Deliveries by market area:

Delivered Units      February      Change  Year-to-date  Change
Eicher (100%)        2013   2012           2013   2012
Asia                 3 041  3 790  -20%    6 250  7 101  -12%
Total Eicher         3 041  3 790  -20%    6 250  7 101  -12%

Light duty (< 7t)    325    472    -31%    736    1 008  -27%
Medium duty (7-16t)  2 091  2 699  -23%    4 184  4 888  -14%
Heavy duty (>16t)    625    619    1%      1 330  1 205  10%
Total Eicher         3 041  3 790  -20%    6 250  7 101  -12%

*As of 2013 Eicher is reported under the equity method and consequently sales
and deliveries are not consolidated in to the Volvo Group

March 20, 2013

Reporters who would like more information, please contact:

Media Relations
Volvo Group:
Kina Wileke, +46 765-53 72 29

Truck brands:
Renault Trucks, Charlotte Roudovski, +33 4 72 96 29 76
Mack, Kim Pupillo, +1 336 393 2640
Volvo, Anders Vilhelmsson, +46 31 322 38 79
UD, Per Sundström, +81 80 40 64 92 33

Investor Relations:
Christer Johansson, AB Volvo, +46 739 02 25 22
Patrik Stenberg, AB Volvo, +46 31 66 13 36
John Hartwell, Volvo Group North America, +1 201-252-8844

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 115,000 people, has production facilities in 19 countries and
sells its products in more than 190 markets. In 2012 the Volvo Group’s sales
amounted to about SEK 304 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.

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 08:30 a.m. in March 20,
2013.

Attachments

03203116.pdf
GlobeNewswire