Truck deliveries in October 2013


Deliveries from the Volvo Group’s truck operations in October 2013 amounted to
20,897 vehicles. This was an increase of 13% compared with the year-earlier
month.
Volvo Group

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

Delivered      October        Change                       Year        Change
Units                                                      -to
                                                           date
Volvo Group    2013    2012*                               2013  2012
Europe         9 655   8 634  12%                          62    69    -9%
                                                           821   329
   Western     7 494   6 535  15%                          49    52    -7%
Europe                                                     036   517
   Eastern     2 161   2 099  3%                           13    16    -18%
Europe                                                     785   812
North America  4 857   3 303  47%                          36    40    -9%
                                                           839   632
South America  2 167   2 298  -6%                          23    19    24%
                                                           814   248
Asia           2 847   2 758  3%                           23    25    -11%
                                                           054   788
Other markets  1 371   1 533  -11%                         13    14    -9%
                                                           030   255
Total Volvo    20 897  18     13%                          159   169   -6%
Group                  526                                 558   252

Light duty (<  1 448   1 392  4%                           10    13    -19%
7t)                                                        717   277
Medium duty    1 567   1 755  -11%                         13    16    -19%
(7-16t)                                                    497   728
Heavy duty     17 882  15     16%                          135   139   -3%
(>16t)                 379                                 344   247
Total Volvo    20 897  18     13%                          159   169   -6%
Group                  526                                 558   252

Non
-consolidated
operations
Eicher (100%)  2 614   3 416  -23%                         27    32    -16%
                                                           250   400
DND (100%)     4       39     -90%                         185   384   -52%
Total Volumes  23 515  21     7%                           186   202   -7%
                       981                                 993   036

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

Volvo

In October 12,124 Volvo trucks were delivered, an increase of 21% compared with
the same month last year.

In Europe 5,552 vehicles were delivered during October, up by 28% compared with
October 2012. An extensive product renewal is under way with five new truck
models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL.

First quarter production rates in Europe will be adjusted to reflect lower
demand, which is a consequence of customers having pre-bought trucks ahead of a
more stringent emission regulation coming into force 1 January 2014.

October deliveries in North America increased 34% to 2,880 vehicles in
comparison with the same period last year.

October deliveries in South America increased 7% to 1,921 trucks compared with
October 2012.

Deliveries by market area:

Delivered Units      October         Change  Year-to-date    Change
Volvo                2013    2012            2013    2012
Europe               5 552   4 350   28%     35 181  35 268  0%
   Western Europe    3 764   2 799   34%     23 717  22 705  4%
   Eastern Europe    1 788   1 551   15%     11 464  12 563  -9%
North America        2 880   2 144   34%     20 966  21 641  -3%
South America        1 921   1 793   7%      21 277  15 859  34%
Asia                 1 335   1 211   10%     9 792   8 984   9%
Other markets        436     553     -21%    4 474   4 892   -9%
Total Volvo          12 124  10 051  21%     91 690  86 644  6%

Medium duty (7-16t)  220     192     15%     1 385   1 439   -4%
Heavy duty (>16t)    11 904  9 859   21%     90 305  85 205  6%
Total Volvo          12 124  10 051  21%     91 690  86 644  6%

 Mack

Deliveries for Mack in October totaled 2,178 vehicles, a 45% increase compared
with October 2012.

Deliveries by market area:

Delivered Units    October       Change  Year-to-date    Change
Mack               2013   2012           2013    2012
Europe                    18     -100%   1       44      -98%
   Western Europe                        1
   Eastern Europe         18     -100%           44      -100%
North America      1 931  1 056  83%     15 479  18 454  -16%
South America      163    342    -52%    1 686   2 282   -26%
Asia                                     14      30      -53%
Other markets      84     90     -7%     793     948     -16%
Total Mack         2 178  1 506  45%     17 973  21 758  -17%

Heavy duty (>16t)  2 178  1 506  45%     17 973  21 758  -17%
Total Mack         2 178  1 506  45%     17 973  21 758  -17%

Renault Trucks

In October 4,797 trucks were delivered by Renault Trucks which was a decrease by
12% compared to a year ago. In Eastern Europe, deliveries were down by 30%

In June, Renault Trucks launched a completely new truck program, with four
different truck series; the T-series for long haulage, the C-series for
construction, the K-series for heavy construction and the D-series for
distribution.

Renault Trucks’ new ranges have had a positive reception from both customers and
dealers. However, production of the new trucks has just started and
demonstration trucks are currently being delivered to customers, who will test
their performance over a period of time before placing further orders.

Consequently, overall order intake for Renault is currently low as no more
orders are taken for Europe on the old generation and order intake is yet to
pick-up on the new generation of trucks. Production rates for the first quarter
will be adjusted to reflect lower demand.

Deliveries by market area:

Delivered Units       October       Change  Year-to-date    Change
Renault Trucks        2013   2012           2013    2012
Europe                4 103  4 266  -4%     27 639  34 017  -19%
   Western Europe     3 730  3 736  0%      25 318  29 812  -15%
   Eastern Europe     373    530    -30%    2 321   4 205   -45%
North America         34     43     -21%    158     108     46%
South America         80     122    -34%    713     974     -27%
Asia                  154    343    -55%    1 705   3 194   -47%
Other markets         426    664    -36%    4 021   4 604   -13%
Total Renault Trucks  4 797  5 438  -12%    34 236  42 897  -20%

Light duty (< 7t)     1 297  1 201  8%      9 497   11 599  -18%
Medium duty (7-16t)   611    830    -26%    5 462   6 061   -10%
Heavy duty (>16t)     2 889  3 407  -15%    19 277  25 237  -24%
Total Renault Trucks  4 797  5 438  -12%    34 236  42 897  -20%

 UD

In October 2013, UD Trucks delivered 1,798 trucks, which was an increase of 17%
compared to October last year.

Deliveries by market area:

Delivered Units      October       Change  Year-to-date    Change
UD                   2013   2012*          2013    2012
North America        12     60     -80%    236     429     -45%
South America        3      41     -93%    138     133     4%
Asia                 1 358  1 204  13%     11 543  13 580  -15%
Other markets        425    226    88%     3 742   3 811   -2%
Total UD             1 798  1 531  17%     15 659  17 953  -13%

Light duty (< 7t)    151    191    -21%    1 220   1 678   -27%
Medium duty (7-16t)  736    733    0%      6 650   9 228   -28%
Heavy duty (>16t)    911    607    50%     7 789   7 047   11%
Total UD             1 798  1 531  17%     15 659  17 953  -13%

Non-consolidated operations
DND (100%)           4      39     -90%    185     384     -52%
Total volumes        1 802  1 570  15%     15 844  18 337  -14%

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

 Eicher*

Deliveries of Eicher trucks in October decreased by 23% to 2,614 trucks compared
to the same month last year.

Deliveries by market area:

Delivered Units      October       Change  Year-to-date    Change
Eicher (100%)
Asia                 2 614  3 416  -23%    27 250  32 400  -16%
Total Eicher         2 614  3 416  -23%    27 250  32 400  -16%

Light duty (< 7t)    437    406    8%      3 798   3 910   -3%
Medium duty (7-16t)  1 718  2 271  -24%    17 451  21 765  -20%
Heavy duty (>16t)    459    739    -38%    6 001   6 725   -11%
Total Eicher         2 614  3 416  -23%    27 250  32 400  -16%

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

November 20, 2013

Reporters, who would like more information, please contact:

Media Relations
Volvo Group:
Karin Wik, +46 765-53 10 20

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:
Patrik Stenberg, AB Volvo, +46 31 661336
Anders Christensson, AB Volvo, +46 31 661191
John Hartwell, Volvo Group North America, +1 201-252-8844

For more stories from the Volvo Group, please visit
http://www.volvogroup.com/globalnews.

AB Volvo (publ) November is 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 November 20,
2013.

Attachments

11207046.pdf
GlobeNewswire