Truck deliveries - September 2002

TRUCK DELIVERIES - SEPTEMBER 2002 Deliveries from Volvo's truck operations, which includes Volvo Trucks, Mack Trucks, Inc., and Renault Trucks, increased by 19% for the month of September, compared with the same month last year. On a year-to-date basis, deliveries amounted to 114,618 trucks, an increase of 1% compared with the same period last year. In Europe, deliveries declined by 4 % while North America increased with 8% compared with the same period last year. On a 12-month rolling basis, total order intake for the truck brands declined by 2% compared to last year, with Europe at the same level and North America down 9%. Deliveries by market area: Delivered Units Year-to-Date Change Volvo Group 2002 2001 Europe 68,086 70,979 -4% Western Europe 62,135 66,057 -6% Eastern Europe 5,951 4,922 21% North America 29,077 26,982 8% South America 3,952 4,406 -10% Asia 6,184 3,955 56% Other markets 7,319 6,904 6% Total Volvo Group 114,618 113,226 1% Mack Trucks, Inc. Deliveries by market area Delivered Units Year-to-Date Change Mack Trucks Inc. 2002 2001 Europe 1 3 -67% Western Europe 1 n.a. Eastern Europe 3 -100% North America 17,543 16,625 6% South America 467 925 -50% Asia 10 32 -69% Other markets 714 685 4% Total Mack Trucks Inc. 18,735 18,270 3% Renault Trucks Deliveries by market area: Delivered Units Year-to-Date Change Renault Trucks 2002 2001 Europe 41,651 40,836 2% Western Europe 39,092 39,011 0% Eastern Europe 2,559 1,825 40% Asia 272 405 -33% Other markets 4,584 4,561 1% Total Renault Trucks 46,507 45,802 2% Volvo Trucks Deliveries by market area: Delivered Units Year-to-Date Change Volvo Trucks 2002 2001 Europe 26,434 30,140 -12% Western Europe 23,042 27,046 -15% Eastern Europe 3,392 3,094 10% North America 11,534 10,357 11% South America 3,485 3,481 0% Asia 5,902 3,518 68% Other markets 2,021 1,658 22% Total Volvo Trucks 49,376 49,154 0% October 24, 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/2002/10/24/20021024BIT00180/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/24/20021024BIT00180/wkr0002.pdf

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