Press release

Truck deliveries January 2008

2008-03-04

AB Volvo

Total deliveries of trucks from the Volvo Group’s four truck companies amounted to 20,856 in January this year, which is an increase of 49%, compared with January 2007. Excluding Nissan Diesel, which was not part of the Volvo Group in January 2007, deliveries increased 22%.

Total deliveries by market for the Volvo Group’s truck companies (Mack, Nissan Diesel, Renault Trucks and Volvo Trucks):

Delivered Units	January		Change	Year-to-Date		Change
Volvo Group	2008	2007		2008	2007
Europe	10 909	7 778	40%	10 909	7 778	40%
Western Europe	9 323	6 633	41%	9 323	6 633	41%
Eastern Europe	1 586	1 145	39%	1 586	1 145	39%
North America	3 564	4 078	-13%	3 564	4 078	-13%
South America	753	652	15%	753	652	15%
Asia	4 318	707	511%	4 318	707	511%
Middle East	1 366	434	215%	1 366	434	215%
Other Asia	2 952	273	981%	2 952	273	981%
Other markets	1 312	747	76%	1 312	747	76%
Total Volvo Group	20 856	13 962	*49%*	20 856	13 962	*49%*

Light duty (< 7t)	3 227	1 221	164%	3 227	1 221	164%
Medium duty (7-16t)	2 519	1 098	129%	2 519	1 098	129%
Heavy duty (>16t)	15 110	11 642	30%	15 110	11 642	30%
Total Volvo Group	20 856	13 962	*49%*	20 856	13 962	*49%*

For complete version of the truck deliveries, see attached document or go to VolvoGroup.com -> investors -> truck deliveries.

March 4, 2008

For reporters who want more information, please contact;
Media Relations:
Bernard Lancelot, Renault Trucks, +33 (0)4 72 96 58 89
John Walsh, Mack, +1 610 7092560
Tommy Kohle, Volvo Trucks, +46 31-66 65 17

Investor Relations:
Christer Johansson, AB Volvo, +46 31 66 13 34

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