Buses that glide noiselessly without emissions, that pick up passengers indoors and which are powered by a renewable source of electricity – this will become a reality in 2015, through the launch of an ultramodern bus service in Gothenburg. The new technology enables completely new possibilities for future public-transport. Behind the initiative is the Volvo Group, in cooperation with the Swedish Energy Agency, the City of Gothenburg, Västtrafik, Lindholmen Science Park and Johanneberg Science Park.

Deliveries from the Volvo Group’s truck operations in May 2013 amounted to 16,732 vehicles. This was a decrease of 9% compared with the year-earlier month.

Gothenburg, June 10th, 2013 - A jury of six telematics experts from across the industry selected WirelessCar as the Best Telematics Product or Service Launch in an Emerging Market (BRIC Region) and recognized Martin Rosell, Managing Director of WirelessCar, who received the Telematics Leadership Award on Tuesday, June 4th.

Deliveries from the Volvo Group’s truck operations in April 2013 amounted to 16,572 vehicles. This was a decrease of 2% compared with the year-earlier month.

Volvo Treasury AB (publ) has today published its annual report for 2012.

The number of votes in AB Volvo has changed due to the conversion of a total of 317,343 Series A shares to a total of 317,343 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares, which was entered in the Articles of Association at the 2011 Annual General Meeting.

The Volvo Group’s first quarter of 2013 was characterized by low sales volumes and low capacity utilization, while we continued to keep a high pace in the work to develop and launch new products. Net sales for the first quarter declined 25% to SEK 58.3 billion, primarily as a result of the weak order intake in late 2012. The sales volumes were the lowest since the financial crisis and were on the level of the first quarter of 2009. Then, the Volvo Group reported a loss of SEK 4.5 billion, compared with a profit of SEK 0.5 billion for the first quarter this year.

Håkan Agnevall has been appointed President Volvo Bus Corporation. He will assume his new assignment in June, 2013.