VOLV AB Volvo (MM)

Regulatory News: Volvo Trucks is, through Volvo Logistics, challenging its transporters to reduce carbon dioxide emissions by 20 percent within the next two years. This challenge is yet another element in Volvo Trucks' climate strategy which already aims at, among other things, carbon-neutral production, energy efficiency, alternative fuel technology and recycling. "I want the transporters who deliver goods to and from our main factories in Europe to reduce their carbon dioxide emissions by 20 percent by 2010. This is part of our climate strategy," says Volvo Trucks' President and CEO, Staffan Jufors. "Our emissions can be rapidly reduced through a number of measures, such as reduced fuel consumption, more efficient logistics, the use of biofuels and the replacement of old vehicles." Volvo Trucks already offers a number of products and services whose purpose is to reduce fuel consumption and, thereby, the environmental impact of Volvo Trucks' customers. One example of this is Fuelwatch. Volvo Logistics is working together with transporters Volvo Logistics, which is responsible for Volvo Trucks' transports, will develop a set of concrete measures together with its suppliers. "We are prepared to take on the tough challenge that a 20 percent reduction in carbon dioxide emissions by 2010 implies," says Ake Niklasson, President of Volvo Logistics. In conjunction with the "Logistics & Transport" exhibition in Goteborg, which takes place from May 20 to 22, Volvo Logistics will present its action plan for the reduction of carbon dioxide. Halved climate impact a common goal Volvo Trucks announced its challenge in conjunction with the seminar, "Klimatneutrala godstransporter pa vag" (On the Road to Climate Neutral Freight Transportation). The seminar was organised together with Schenker, Preem, the Swedish Road Administration and Chalmers University of Technology, with participation from Asa Torstensson, Minister of Infrastructure. These actors have a common goal - to halve the climate impact of goods transports by 2020 compared with 2005. In the long run, the aim is to make goods transports by road entirely carbon dioxide neutral. January 22, 2008 Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video about the Volvo Group's various production plants and products. You can download graphic images in the form of MPEG2 files or order them on Beta SP tape. Registration and video are free to the media. Volvo Trucks (NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB) provides complete transport solutions for professional and business-driven customers. The company offers a full range of medium to heavy duty trucks, with a strong global network of 3,000 service points in more than 130 countries. In 2006 Volvo Trucks sold more than 105,000 trucks worldwide. Volvo Trucks is a part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides solutions for financing and service. This information was brought to you by Cision http://newsroom.cision.com Regulatory News: Volvo Trucks is, through Volvo Logistics, challenging its transporters to reduce carbon dioxide emissions by 20 percent within the next two years. This challenge is yet another element in Volvo Trucks� climate strategy which already aims at, among other things, carbon-neutral production, energy efficiency, alternative fuel technology and recycling. �I want the transporters who deliver goods to and from our main factories in Europe to reduce their carbon dioxide emissions by 20 percent by 2010. This is part of our climate strategy,� says Volvo Trucks� President and CEO, Staffan Jufors. �Our emissions can be rapidly reduced through a number of measures, such as reduced fuel consumption, more efficient logistics, the use of biofuels and the replacement of old vehicles.� Volvo Trucks already offers a number of products and services whose purpose is to reduce fuel consumption and, thereby, the environmental impact of Volvo Trucks� customers. One example of this is Fuelwatch. Volvo Logistics is working together with transporters Volvo Logistics, which is responsible for Volvo Trucks� transports, will develop a set of concrete measures together with its suppliers. �We are prepared to take on the tough challenge that a 20 percent reduction in carbon dioxide emissions by 2010 implies,� says �ke Niklasson, President of Volvo Logistics. In conjunction with the �Logistics & Transport� exhibition in G�teborg, which takes place from May 20 to 22, Volvo Logistics will present its action plan for the reduction of carbon dioxide. Halved climate impact a common goal Volvo Trucks announced its challenge in conjunction with the seminar, �Klimatneutrala godstransporter p� v�g� (On the Road to Climate Neutral Freight Transportation). The seminar was organised together with Schenker, Preem, the Swedish Road Administration and Chalmers University of Technology, with participation from �sa Torstensson, Minister of Infrastructure. These actors have a common goal � to halve the climate impact of goods transports by 2020 compared with 2005. In the long run, the aim is to make goods transports by road entirely carbon dioxide neutral. January 22, 2008 Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video about the Volvo Group�s various production plants and products. You can download graphic images in the form of MPEG2 files or order them on Beta SP tape. Registration and video are free to the media. Volvo Trucks (NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB) provides complete transport solutions for professional and business-driven customers. The company offers a full range of medium to heavy duty trucks, with a strong global network of 3,000 service points in more than 130 countries. In 2006 Volvo Trucks sold more than 105,000 trucks worldwide. Volvo Trucks is a part of the Volvo Group, one of the world�s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides solutions for financing and service. This information was brought to you by Cision http://newsroom.cision.com