STEFANO CHMIELEWSKI NEW PRESIDENT OF RENAULT TRUCKS

Stefano Chmielewski has been appointed president of Renault Trucks.
Chmielewski is currently Senior Vice President Marketing at Renault
Trucks and a member of the executive management team. He assumes his new
position on May 1.

Stefano Chmielewski will also be a member of the Volvo Group Executive
Committee. He succeeds Philippe Mellier, who is leaving Renault for the
position of president of Alstom Transport. Chmielewski has worked at
Renault Trucks since 2001 and has more than 20 years of experience in
the truck industry. Previously, he has held a number of executive
positions in marketing at Iveco, Volkswagen and other companies.
Chmielewski, 50, was born in Italy.

March 12, 2003


For further information and photo, contact Marten Wikforss, 
+46 31-66 11 27


Volvo ar en av varldens ledande tillverkare av lastbilar, bussar,
anlaggningsmaskiner, drivsystem for marina och industriella
applikationer samt komponenter och tjanster for flygplan och
flygmotorer. Volvokoncernen tillhandahaller ocksa kompletta finansiella
tjanster. Volvo har ca 71 000 anstallda, produktionsanlaggningar i 25
lander och narvaro pa mer an 185 marknader. Volvo omsatter 180 miljarder
SEK och ar noterat pa borserna i Stockholm, London, Bryssel, Frankfurt
och pa NASDAQ i USA