Press releases 2006

Volvo Aero has received expanded orders for SEK 110 M from the Swedish National Space Board after successful preliminary design reviews.

China Academy of Transport Sciences and Volvo Research and Educational Foundations inaugurate transport research center in China.

Volvo Buses has received an order for 118 articulated buses for one of the world's largest bus rapid transit systems in Bogotá, Colombia. Currently, there are already 432 Volvo buses in Colombia, and Volvo's market share of articulated buses will now exceed 50 percent.

The Ariane 5 ECA rocket has solidified its position as the leading rocket for satellite launches. Following a third consecutive successful launch using the new Ariane 5 ECA, equipped with the new Vulcain 2 engine, Volvo Aero is delighted that Arianespace's order bookings have never been larger.

Volvo Trucks is aiming to reach a broader clientele outside of the heavy, long-haul segment. Today, the company presented two completely new distribution trucks - the Volvo FL and the Volvo FE.

Total deliveries of trucks from the Volvo Group's three truck companies increased 1% through April this year, compared with the year-earlier period.

The Volvo Group is initiating cooperation with 40 humanitarian aid organizations worldwide to increase awareness of traffic safety issues and reduce the number of accidents in humanitarian aid transports. Among other actions, the Volvo Group's own accident research team will contribute with analyses.

The Volvo Group will offer shipping companies the opportunity to equip ferries serving Sweden with special breathalyzer equipment at no cost. The idea is that truck and bus drivers who use the ferries will be able to voluntarily check that they are under Swedish alcohol limits. Volvo presented its plans today to the Swedish Infrastructure Minister Ulrika Messing at a meeting in Stockholm with the national association for zero vision.

As of market open on May 10, 2006, the Volvo Group American Depositary Receipt will trade on the NASDAQ under the new trading symbol "VOLV".

Renault Trucks has launched new versions of the Renault Midlum and Renault Premium Distribution targeted for distribution applications. The new vehicles are equipped with a totally new cab, new chassis and new driveline.