Volvo Trucks’ deliveries May 2008

Volvo Trucks’ deliveries during May amounted to 9,133 vehicles, up 9% compared with the year-earlier period.

The volume growth compared to last year is an effect of increased production in Europe and South America.

The deliveries of new trucks were at high levels for the main part of Europe.

The demand on the North American market remains at a low level. The results in May 2007 were impacted by the transition to production of US’07 vehicles, while May 2008 figures reflect temporarily higher build rates at the New River Valley Plant to recoup production lost as a result of the strike earlier this year.

In the Middle East deliveries increased with 55% and in South America with 23%.