Press release

Truck deliveries January-November 2005

2005-12-20

Volvo Group, Investor Relations

Total deliveries of trucks from the Volvo Group’s three truck companies increased 13% through November this year, compared with the year-earlier period.

Deliveries from Mack rose 46%, while deliveries from Renault Trucks were up 6%. Deliveries from Volvo Trucks increased 9% during the period.

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

Delivered Units	Year-to-Date		Change
Volvo Group	2005	2004
Europe	92 936	92 181	1%
Western Europe	81 809	81 439	0%
Eastern Europe	11 127	10 742	4%
North America	59 900	44 292	35%
South America	10 490	8 236	27%
Asia	23 455	21 454	9%
Middle East	20 026	17 824	12%
Other Asia	3 429	3 630	-6%
Other markets	7 828	6 490	21%
Total Volvo Group	194 609	172 653	13%

Mack
Deliveries from Mack through November totaled 33,384 units, up 46% from the same period a year ago. The deliveries figures continue to reflect the strong gains in order intake seen through much of the first three quarters of this year as compared to 2004.

Deliveries by market area:

Delivered Units	Year-to-Date		Change
Mack	2005	2004
Europe	1	1
Western Europe	1	1
Eastern Europe
North America	29 843	20 630	45%
South America	2 278	962	137%
Asia	121	119	2%
Middle East	119	115	3%
Other Asia	2	4	-50%
Other markets	1 141	1 089	5%
Total Mack	33 384	22 801	46%

Renault Trucks
Deliveries through November totaled 66,532 trucks, a rise of 6% compared with the year-earlier period. Deliveries in Europe rose by 2%, including France, where 3% more trucks were delivered. Deliveries outside Europe amounted to 11,876, a gain of 23%.
In the heavy duty ranges, Renault Kerax increased 24% and Renault Premium 11%.

Deliveries by market area:

Delivered Units	Year-to-Date		Change
Renault Trucks	2005	2004
Europe	54 656	53 382	2%
Western Europe	49 796	48 601	2%
Eastern Europe	4 860	4 781	2%
North America	437	228	92%
South America	947	443	114%
Asia	6 841	6 495	5%
Middle East	6 570	6 215	6%
Other Asia	271	280	-3%
Other markets	3 651	2 494	46%
Total Renault Trucks	66 532	63 042	6%

Volvo Trucks
Volvo Trucks’ deliveries during the period January-November amounted to 94,693 vehicles, an increase of 9% compared with the year-earlier period. The number of trucks delivered in Europe was on a par with the same period last year. In France and Britain, deliveries increased by 12 and 4% respectively.
On the North American market, the demand for heavy trucks continued to remain strong, with 29,620 trucks delivered during this period, corresponding to an increase of 26%.
In South America, deliveries rose by 6%, totalling 7,265 trucks.

Deliveries by market area:

Delivered Units	Year-to-Date		Change
Volvo Trucks	2005	2004
Europe	38 279	38 798	-1%
Western Europe	32 012	32 837	-3%
Eastern Europe	6 267	5 961	5%
North America	29 620	23 434	26%
South America	7 265	6 831	6%
Asia	16 493	14 840	11%
Middle East	13 337	11 494	16%
Other Asia	3 156	3 346	-6%
Other markets	3 036	2 907	4%
Total Volvo Trucks	94 693	86 810	9%

December 20, 2005

For further information, please contact:

Media Relations:
Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59
Bob Martin, Mack, +1 (610) 709-2670
Claes Claeson, Volvo Trucks, +46 31-66 39 08

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

Truck deliveries January-November 2005

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