Truck deliveries in October 2015

In October 2015 deliveries from the Volvo Group’s truck operations amounted to
20,193 vehicles.
In October 2015 truck deliveries rose by 15% in Europe and by 6% in North
America. On the other hand, deliveries decreased by 31% in South America and by
3% in Asia. In total the Volvo Group’s wholly-owned operations delivered 20,193
trucks, which was 2% more than in October 2014. Production in North America will
be adjusted as a consequence of lower demand and high inventories in the
distribution channel.
Total deliveries by market for all brands (Volvo, UD Trucks, Renault Trucks,
Mack, Dongfeng and Eicher): see attached PDF

November 19, 2015

Journalists who would like further information, please contact

Volvo Group Media Relations:
Kina Wileke, +46 765 537229

Investor Relations:
Christer Johansson, AB Volvo +46 31 661334
Anders Christensson, AB Volvo +46 31 661191
John Hartwell, AB Volvo +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 100,000 people, has production facilities in 19 countries and
sells its products in more than 190 markets. In 2014 the Volvo Group’s sale
amounted to about SEK 283 billion (EUR 31 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 8.30 a.m. November 19,
2015.