Truck deliveries - June 2002

TRUCK DELIVERIES - June 2002 Deliveries from Volvo's truck operations, which includes Volvo Trucks, Mack Trucks Inc., and Renault Trucks increased by 13% for the month of June, compared with the same month last year. On a year-to-date basis, deliveries amounted to 77,103 trucks compared with 82,084 trucks for the same period last year, a decrease of 6 %. In Europe, deliveries declined by 8 % to 47,748, and 18,034 trucks were delivered in North America, which is 9 % less compared with the same period last year. On a 12-month rolling basis, order intake for the truck brands was 2% higher than at the same time last year, with North America down 11% and Europe up 3%. Deliveries by market area: Delivered Units Year-to-Date Change Volvo Group 2002 2001 Europe 47,748 51,986 -8% Western Europe 43,923 48,507 -9% Eastern Europe 3,825 3,479 10% North America 18,034 19,898 -9% South America 2,529 2,986 -15% Asia 3,974 2,506 59% Other markets 4,818 4,708 2% Total Volvo Group 77,103 82,084 -6% Mack Trucks Inc. Deliveries by market area: Year-to-Date Change Delivered Units Mack Trucks Inc. 2002 2001 North America 11,030 12,534 -12% South America 334 585 -43% Asia 4 8 -50% Other markets 441 407 8% Total Mack Trucks Inc. 11,809 13,534 -13% Renault Trucks Deliveries by market area: Year-to-Date Change Delivered Units Renault Trucks 2002 2001 Europe 29,760 29,977 -1% Western Europe 28,089 28,629 -2% Eastern Europe 1,671 1,348 24% Asia 138 276 -50% Other markets 2,964 3,203 -7% Total Renault Trucks 32,862 33,456 -2% Volvo Trucks Deliveries by market area: Year-to-Date Change Delivered Units Volvo Trucks 2002 2001 Europe 17,988 22,009 -18% Western Europe 15,834 19,878 -20% Eastern Europe 2,154 2,131 1% North America 7,004 7,364 -5% South America 2,195 2,401 -9% Asia 3,832 2,222 72% Other markets 1,413 1,098 29% Total Volvo Trucks 32,432 35,094 -8% July 23, 2002 For further information, please contact: Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59 Bob Martin, Mack Trucks, Inc. +1 (610) 709-2670 Claes Claeson, Volvo Truck Corporation, +46 31 66 39 08, 0708-36 39 08 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/23/20020723BIT00070/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/23/20020723BIT00070/wkr0002.pdf

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