Volvo: Truck Deliveries in January 2015

GÖTEBORG, SWEDEN -- February 19, 2015:

Deliveries from the Volvo Group’s (STO:VOLVA)(STO:VOLVB) truck operations in January 2015 amounted to 13,055 vehicles. This was a decrease of 4% compared with the year-earlier month.

Volvo Group

Deliveries in North America increased by 14% in January thanks to a continuously high demand due to fleet renewal and a good economic development in general while deliveries in Europe were at the same level as in January 2014. Deliveries declined by 66% in South America, primarily due to lower deliveries in Brazil. In Asia truck deliveries increased by 3%.

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

Delivered Units	January		Change
Volvo Group	2015	2014
Europe	5,147	5,083	1%
Western Europe	4,309	3,950	9%
Eastern Europe	838	1,133	-26%
North America	4,753	4,178	14%
South America	541	1,580	-66%
Asia	1,902	1,857	3%
Other markets	712	914	-22%
Total Volvo Group	13,055	13,612	-4%
Light duty (< 7t)	1,034	653	58%
Medium duty (7-16t)	998	997	0%
Heavy duty (>16t)	11,023	11,962	-8%
Total Volvo Group	13,055	13,612	-4%
Non-consolidated operations
Eicher (100%)	2,505	3,209	-22%
DVT (100%)	6
Total Volumes	15,566	16,821	-7%

Volvo

Deliveries by market area:

Delivered Units	January		Change
Volvo	2015	2014
Europe	2,922	3,374	-13%
Western Europe	2,261	2,472	-9%
Eastern Europe	661	902	-27%
North America	2,733	2,433	12%
South America	435	1,509	-71%
Asia	711	765	-7%
Other markets	223	352	-37%
Total Volvo	7,024	8,433	-17%
Medium duty (7-16t)	157	147	7%
Heavy duty (>16t)	6,867	8,286	-17%
Total Volvo	7,024	8,433	-17%

UD Trucks

Deliveries by market area:

Delivered Units	January		Change
UD Trucks	2015	2014
North America	12	6	100%
South America	15	8	88%
Asia	1,053	1,032	2%
Other markets	252	255	-1%
Total UD Trucks	1,332	1,301	2%

Light duty (< 7t)	48	100	-52%
Medium duty (7-16t)	526	557	-6%
Heavy duty (>16t)	758	644	18%
Total UD	1,332	1,301	2%
Non-consolidated operations
DVT (100%)	6
Total volumes	1,338	1,301	3%

Renault Trucks

Deliveries by market area:

Delivered Units	January		Change
Renault Trucks	2015	2014
Europe	2,225	1,709	30%
Western Europe	2,048	1,478	39%
Eastern Europe	177	231	-23%
North America	21	6	250%
South America	9	34	-74%
Asia	138	60	130%
Other markets	189	276	-32%
Total Renault Trucks	2,582	2,085	24%
Light duty (< 7t)	986	553	78%
Medium duty (7-16t)	315	293	8%
Heavy duty (>16t)	1,281	1,239	3%
Total Renault Trucks	2,582	2,085	24%

Mack

Deliveries by market area:

Delivered Units	January		Change
Mack	2015	2014
Europe
Western Europe
Eastern Europe
North America	1,987	1,733	15%
South America	82	29	183%
Asia
Other markets	48	31	55%
Total Mack	2,117	1,793	18%
Heavy duty (>16t)	2,117	1,793	18%
Total Mack	2,117	1,793	18%

Eicher*

Deliveries by market area:

Delivered Units	January		Change
Eicher (100%)	2015	2014
Asia	2,505	3,209	-22%
Total Eicher	2,505	3,209	-22%
Light duty (< 7t)	355	411	-14%
Medium duty (7-16t)	1,448	2,093	-31%
Heavy duty (>16t)	702	705	-0%
Total Eicher	2,505	3,209	-22%

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