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Northern roads $300 million upgrade package Big Rigs / October 24, 2016 NORTHERN roads will be given some much needed attention with the government today announcing $300 worth of investment. Announcing the funding in Rockhampton today Federal Minister for Infastructure and Transport Darren Chester said it was a fitting location. "In particular, we've got $100 million for the Beef Roads Programme-it's great to be here obviously in the beef capital of Australia to make this announcement-but another $200 million for the Northern Australia Roads Programme which is going to see a massive improvement in productivity for the north of Australia,” he said. "We recognise as a Government that when you invest in good infrastructure, you can change people's lives, and you can save people's lives. "This is going to change lives by improving productivity, allowing for product into market more readily, but also save lives by reducing the number of accidents on our regional roads. "We know across Australia over the past 12 months there have been 1200 deaths on our roads, and one of the worst areas for deaths on roads is regional Australia. "So this investment of $300 million is going to change lives and save lives across Northern Australia, particularly here on Capricornia.” Member for Capricornia Michelle Landry said $20 million was going towards upgrades from Gracemere to the abattoirs in Rocky. "This certainly has been very, very difficult for our cattle producers. They've had to unhitch the vehicles here at Gracemere and the trip takes about three hours, whereas now they can just keep going on the highway,” she said. "It's also a major safety issue as well. We've had lives lost out here with the unhitching of the vehicles, and also with the fact that the cattle are sitting here for hours on end while the vehicles are taking the trailers to the abattoir, having to come back and re-hitch and unhitch and all the rest of it. "So very, very pleased that we can work in with the State Government. They've put $10 million on the table, we've got $20 million on the table. "So I think this is extremely important for Rockhampton and our cattle sector, and particularly with the high prices that we're getting in the cattle sector at the moment. The graziers are very happy about this, and particularly the truck drivers, so this is going to save them time, money, but most importantly it is a huge safety issue that is going to be fixed up with this.” Senator for Queensland Matthew Canavan said there had been a lot of consultation about the upgrades. "The road upgrades include and partner with our upgrades to the Capricorn Hwy that we announced during the election,” he said. "So that's a related project to this, and also the upgrades to the Rockhampton Yeppoon Road, which will allow that access through to the meatworks through Rockhampton. So as Michelle said, a major change. "But what I'm also very proud of is the fact that this is part of a broader agenda for Northern Australia. This was all about bringing Northern Australia closer to Asia. "We've got enormous opportunities in Asia, enormous opportunities now thanks to the Government signing three new free trade agreements. "That will help our beef producers, help our beef sector, but we of course need to make it easier for us to get that beef from properties to the dinner plates in Asia and these investments and these roads will help us do that and that means more money for places like Rockhampton, which benefits so much from a strong beef industry. "So it's fantastic to be announcing these projects in Central Queensland but it's also just as important the roads we're doing in the Barkly Tablelands in Western Australia as well because we're all connected in this industry and so often even cattle that are raised or born in the Northern Territory and Western Australia end up here in Queensland and about 30% of the cost of the final product can often be in transport costs. "So this project, these programs are so important to our sector to make it strong and, by implication, making Rockhampton strong as well. "It's the first time the Federal Government's put money aside to beef roads, to roads that are specifically to do with the agricultural sector since the Menzies Government in the 50s and 60s. "A lot of these roads-the Burke Developmental Road, the Gregory Developmental Road-were built at that time, built in the sixties and seventies so it's the money that's put aside by the Menzies Government and, once again, we as a Federal Government are taking nation building seriously, we are taking our responsibility to grow our nation. "A lot of these roads are not federal roads of course, they are not necessarily our usual focus but we believe they're important for the country because they grow a sector like our beef sector that's so important and that's why we've got the funds available to do that. Member for Gregory Lachlan Millar said it was fantastic news for central Queensland and the grazing industry. "It's something I've been following for a long time. "It is a major wealth artery for our beef industry. We need these roads to be able to be capable of taking the type of decks, you know, six decks and more to be able to get our cattle here to Gracemere or get our cattle towards Mackay or Townsville. "I've always said that these roads are wealth arteries and if you don't have these roads in good condition, open and driven on properly, it affects our beef industry, it affects our grain industry, it affects all industries in Western Queensland so I welcome this announcement and it's about time we got on with the job and started sealing this road.” The Queensland projects to be funded are: Bowen Developmental Road: progressive sealing; Landsborough Highway (Longreach-Winton): Pavement widening and strengthening of around 24 kilometres; Peak Downs Highway (Clermont-Nebo): Logan Creek to Nine Mile Creek-Pavement widening and strengthening; and Bajool-Port Alma Road: upgrades to the port access road. Western Australian projects: The Australian Government is committing an extra $89.29 million towards upgrades to the Bow River Bridge on the Great Northern Highway and reconstruction of the Broome to Cape Leveque Road, under the Australian Government's Northern Australia Roads Programme (NARP). Bow River Bridge will involve replacing the existing single-lane bridge with a new two-lane bridge. Northern Territory projects: Buntine Hwy gets $32 million to strengthen and widen priority sections building on the $130 million previously committed under the NARP. The investment will also deliver flood immunity towards improvement and sealing. Sealing of Outback Way along Tjukaruru Rd and the Plenty Hwy, supporting the development of Ord Stage 3 through the upgrade to Keep River Rd, and upgrades to the Arnhem Hwy.

Queensland beef roads boosted Owner/Driver / October 24, 2016 Federal and state authorities highlight 15 priority projects The Beef Roads programme in Queensland will see a $56 million investment courtesy of the federal government following months of consultation with relevant stakeholders. The commitment includes targeted upgrades on roads that are used by cattle transporters, with 15 priority projects already highlighted, including: Rockhampton Road Network - Road Train Access Burke Developmental Road - Chillagoe to Almaden Clermont - Alpha Road Ootann Rd - Almaden to Kennedy Hwy (Gunnawarra) Gregory Developmental Road (South of Charter Towers) Richmond-Croydon Road Cloncurry - Dajarra Road Diamantina Developmental Road (Boulia - Dajarra) Richmond - Winton Road. "The Australian Government has committed over $56 million toward targeted road upgrades and improvements, providing a welcome boost to the Queensland cattle industry," infrastructure and transport minister Darren Chester says. "This commitment will enable 15 projects to be delivered including $20 million towards the upgrade of the road between Gracemere saleyards and the Rockhampton abattoirs. "Other projects range from sealing and road widening works that will help boost industry productivity, to increasing road reliability and safety on key routes in the cattle supply chain. "The Beef Roads Programme recognises moving cattle from the farm gate to market involves some of the longest and most challenging land transport distances of any industry, anywhere in the world." Chester acknowledged the efforts of Australian Agricultural Company director David Crombie and Consolidated Pastoral Company CEO Troy Setter for helping identify the projects for the priority list. "These proposals have also been modelled by the CSIRO’s TraNSIT model to help identify which proposals delivered the greatest benefits to the northern Australian beef industry." The programme constitutes federal government investment of up to $100 million and $19.19 million spending by the Queensland government. Resources and northern Australia minister Matthew Canavan says the upgraded roads will also provide benefits to all road users, including other agricultural industries and the freight sector.

Prime Mover Magazine / October 24, 2016 The Federal and Queensland Government have announced major upgrades on roads essential to the transportation of cattle in the Sunshine State. “The Australian Government has committed over $56 million toward targeted road upgrades and improvements, providing a welcome boost to the Queensland cattle industry,” said Minister for Infrastructure and Transport, Darren Chester. “This commitment will enable 15 projects to be delivered including $20 million towards the upgrade of the road between Gracemere saleyards and the Rockhampton abattoirs. “Other projects range from sealing and road widening works that will help boost industry productivity, to increasing road reliability and safety on key routes in the cattle supply chain. “The Beef Roads Programme recognises moving cattle from the farm gate to market involves some of the longest and most challenging land transport distances of any industry, anywhere in the world. Minister for Resources and Northern Australia Matthew Canavan said the Australian Government was committed to realising the potential of northern Australia. “The beef industry is the big winner from these investments. With beef prices at record levels, a bigger beef industry is a big part of developing Northern Australia,” Senator Canavan said. “The upgraded roads will also provide benefits to all road users, including other agricultural industries and the freight sector more broadly.” The Australian Government is investing up to $100 million in northern Australia under the Beef Roads Programme. The Queensland government is investing $19.19 million.

Owner/Driver / October 24, 2016 Winterfields Float Hire was so impressed with its new Scania R730 that Matt Winterfield has ordered another Matt Winterfield has climbed in and out of second-hand Kenworths more times than most people have had hot dinners. So the Kenworth lover raised a few eyebrows when he traded in a 2004 Kenworth K104 for a new Scania R730. His driver, Peter O’Dea, has been driving the Scania since July, and Winterfield spent a month in the truck recently while O’Dea was on annual leave. They love the comfort, easy access, visibility, power, 12-speed Opticruise, safety features and retarder. "The first one was going so well that the second one was just an automatic decision, really," says Winterfield who expects his second Scania R730 to arrive soon. Winterfields Float Hire is based at Mount Gambier, South Australia. The company’s two trucks use Drake steering widener low loaders with self-tracking rear axles to cart logging, earthmoving and farm machinery. Most of the work is within a 300km radius of home but the trucks also travel as far as Adelaide, Melbourne and occasionally Queensland. The business previously ran second-hand Kenworths. Increasing maintenance costs prompted the decision to buy a new truck. "We looked at every single truck that was on the market and we test drove everything," Winterfield says. "We had our little track picked out down here that we used to take every single truck on, so it was [comparing] apples to apples." He says the Scania was "by far and away the best". "We’ve gone for the full maintenance and repairs package, because that was the main reason why we’ve done what we’ve done." Winterfield is a qualified diesel mechanic but now spends less time in the workshop thanks to Scania’s Maintenance and Repair Plan. "All we’ve got to do is put fuel and tyres on the truck and put some grease in it," Winterfield says. "We know exactly what our repairs and maintenance [costs] are going to be every 12 months." .

Commercial Motor TV - sponsored by DAF Trucks / October 21, 2016 .

Scania Group Press Release / October 21, 2016 Improved aerodynamics, driver training and follow-up, and a better working environment for drivers will all contribute to reduced fuel consumption according to the transport professionals test driving Scania’s New Truck Generation. .

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Just four years ago, Donald Trump presented a drastically different position on illegal immigrants in the United States. Since he announced his candidacy last June, Trump has promised to build a wall on the US border with Mexico and deport all or many of the estimated 11 million undocumented [illegal] immigrants living in the country. [And rightly so.] However, in a June 2012 CNBC interview, Trump said he didn't believe in deporting undocumented immigrants who "had done a great job." "You know my views on it and I'm not necessarily, I think I'm probably down the middle on that also,” said Trump. “Because I also understand how, as an example, you have people in this country for 20 years, they've done a great job, they've done wonderfully, they've gone to school [for free], they've gotten good marks, they're productive — now we're supposed to send them out of the country, I don't believe in that. I don't believe in a lot things that are being said." .

Easy guys. I know we're a tight knit group that speaks our minds, but......ease up a bit. Our varied opinions is what makes for an interesting conversation. There are a wealth of truths in your posts, but we should all be above name calling. That's what makes us gentlemen.

I hear you. You know that I do. But if they're standing on a public sidewalk, yes, it's legal. Hence the invention of the curtain. My point is Freedom of the Press. Let me ask you, before Snowden, did you honestly believe that your e-mails were confidential? That nobody had access to them besides you? Select media, at great danger to themselves, brought this shocking revelation to the attention of the masses (one is living in virtual exile in Brazil now).

Under NAFTA, Mexican truck operators are allowed to operate across America. The current Mexican truck emissions standard is Euro-4, which roughly EPA2003. Supposedly in the summer of 2018, Mexico will raise the bar to Euro-5 (roughly EPA2007). What I also find hard to believe is that Mexico will require Euro-5 for a mere 2 years, and will move forward to Euro-6 in 2020. I highly doubt they will actually adhere to that schedule. http://www.bigmacktrucks.com/topic/46203-mexico-to-have-tougher-truck-emissions-rule-from-2020/ What's to prevent U.S. truck companies from doing inversions, buying out small Mexican trucking companies to incorporate in Mexico, and then applying Mexican plates to all their trucks and trailers in the US, saving money on taxes while they operate lower cost and more reliable Euro-4 trucks in the United States?

Paul, because Volvo mixes the sales performance of Africa and Oceania together, which is ridiculous, they don't reveal the sales numbers for Australia (hidden on purpose). While its fair to say 99.9% of the Mack brand trucks were sold in Australia and New Zealand, an unknown number of Volvo brand trucks could have been sold in Africa. Volvo Group promotes the Volvo brand in Africa, rather than Mack (There are a "handful" of Macks in Africa, via U.S. exporters). Clearly, as in Africa, Volvo Group is promoting the Volvo brand over Mack in Australia. Sad, given that Mack used to be the number one heavy truck brand in Australia. ---------------------------------------------------------------------------------------------------------------------- In Q3 2016, sales (deliveries) from Volvo Group’s truck operations amounted to 41,155* units, down 13 percent from 47,338 units in Q3 2015, and down 22 percent from 52,670 units in Q2 2016. Volvo brand truck sales (overall) fell to 22,353 units globally, down 12 percent from 25,495 units in Q3 2015, and down 21 percent from 28,255 units in Q2 2016. Volvo brand truck sales in North America plunged to 4,645 units, down 49 percent from 9,147 units in Q3 2015, and down 32 percent from 6,786 units in Q2 2016. Volvo brand truck sales in Europe rose to 11,585 units, up 23 percent from 9,389 units in Q3 2015, but down 20 percent from 14,430 units in Q2 2016. Volvo brand truck sales in Africa/Oceania (includes Australia, New Zealand) rose to 1,216 units, nearly unchanged from 1,210 units in Q3 2015, but down 17.5 percent from 1,454 units in Q2 2016. Mack brand truck sales (overall) plunged to 3,963 units globally, down 40 percent from 6,623 units in Q3 2015, and down 30 percent from 5,588 units in Q2 2016. Mack brand truck sales in North America plunged to 3,581 units, down 41 percent from 6,105 units in Q3 2015, and down 68 percent from 5,192 units in Q2 2016. Mack brand truck sales in South America plunged to 146 units, down 49 percent from 287 units in Q3 2015, and down 7 percent from 157 units in Q2 2016. Mack brand truck sales in Africa/Oceania (includes Australia, New Zealand) rose to 236 units, up 8 percent from 218 units in Q3 2015, but down 0.8 percent from 238 units in Q2 2016. Renault Truck brand sales (overall) fell to 9,920 units globally, down 5 percent from 10,495 units in Q3 2015, and down 27.3 percent from 13,650 units in Q2 2016 Renault Truck brand sales in Europe fell to 8,925 units, down 1 percent from 9,019 units in Q3 2015, and down 27.5 percent from 12,304 units in Q2 2016 UD (Nissan Diesel) brand sales (overall) rose to 4,919 units, up 4 percent from 4,725 units in Q3 2015, but down 5 percent from 5,177 units in Q2 2016. UD (Nissan Diesel) brand sales in Asia rose to 4,022 units, up 11 percent from 3,611 units in Q3 2015, but down 3 percent from 4,147 units in Q2 2016. Total Global Deliveries by Brand Q3 2016 Q3 2015 % Change Volvo 22,353 25,495 -12 Renault Trucks 9,920 10,495 -5 UD (Nissan Diesel) 4,919 4,725 4 Mack 3,963 6,623 -40 Total Deliveries 41,155 47,338 -13 Total Global Deliveries by Truck Size Q3 2016 Q3 2015 % Change Heavy Duty (>16 metric tons) 34,255 40,831 -16 Medium Duty (7-16 metric tons) 3,328 3,204 4 Light Duty (<7 metric tons) 3,572 3,303 8 Total Deliveries 41,155 47,338 -13 Total Global Deliveries by Region Q3 2016 Q3 2015 % Change Europe 20,510 18,408 11 North America 8,309 15,329 -46 South America 2,413 3,060 -21 Asia 6,923 7,173 -3 Africa & Oceania* 3,000 3,368 -11 Total Deliveries 41,155 47,338 -13 * includes Australia, New Zealand

I completely agree. Hence, this noise is troubling, over an issue created by the European countries active in North America, long before the United States was created. I, personally, don't want my tax dollars heading down this path. Select people are attempting to apply today's standards to what occurred long ago, another time and place with different norms and attitudes. https://www.washingtonpost.com/news/worldviews/wp/2016/09/27/u-s-owes-black-people-reparations-for-a-history-of-racial-terrorism-says-u-n-panel/

"the Skagit County sheriff’s report noted that Grayzel and her cinematographer were “just outside the enclosure … taking photographs and video”. The report said they confiscated the film-makers’ phone and “assorted camera equipment”, actions that have raised further concerns about press intimidation and free speech violations." What "I" am reading here is, two journalist who were not trespassing, but rather were standing "outside" the enclosure, were arrested and their equipment confiscated. Based on that, I'm seeing Freedom of the Press thrown to the curb. On any given day, you only see a fraction of the actual news. Do you think for one moment that only Russia, China and other global countries try to keep certain news from reaching the masses? News that would complicate their plans. This is an example of how that takes place right here.

Absolutely right Paul. Few keep it in mind so it needs to be said from time to time, it was a different time and place, with different attitudes. But suffice to say, the native American Indians got a raw deal.

BBC / October 21, 2016 US State Department spokesman John Kirby said the US was "baffled by this rhetoric" and that Assistant Secretary of State Daniel Russel would be in Manila this weekend and would try to get some answers. "We are going to be seeking an explanation of exactly what the president meant when he talked about separation from the US," Mr Kirby told reporters. ---------------------------------------------------------------------------------------------------------------------------------------- Apparently, some of our State Department folks have lost their command of the English language. Duterte's statement was perfectly clear to me. I suggest we respond to it in kind.

New Mercedes-Benz Actros launched in Australia Prime Mover Magazine / October 20, 2016 Five years after the official European launch, Mercedes-Benz has now rolled out the new Actros heavy-duty model in Australia. The company’s new flagship model was presented to more than 250 key customers, dealers and the media at a launch event in Northern Queensland this week. As reported in Prime Mover magazine, the new model had to undergo a lengthy 18-month evaluation program before Mercedes-Benz Truck and Bus Australia found it fit for the demanding Australian on-road market. The test reportedly involved some 35 customers and 20 trucks covering more than one million kilometers in preparation for the official unveiling – with one trial vehicle clocking up more than 400,000km alone. “The feedback from our evaluation program indicates our key customers are very impressed by the trucks we have developed for our market and many have already placed orders,” commented Mercedes-Benz’ Sales Manager, Andrew Assimo. According to Assimo, driver comfort will be a key selling point for the new model, which targets “key mainstream applications” during the first stage of the roll-out. “[Our launch] models focus on metro, regional, B-double and road train work,” he said. “We will introduce rigid models in the second quarter of 2017, while all-wheel drive models will follow later that year.” Key updates include locally sourced inner-spring mattresses for increased comfort, long range fuel tanks and a 6.1-inch touch screen truck sat-nav unit and sound system. Arguably the biggest change for local customers has occurred in the engine department, though. The V8 and V6 engines that have powered the Actros for more than a decade have been replaced with new 11-litre, 13-litre and 16-litre six-cylinder engines designed around the Daimler platform that shares its DNA with the current Detroit Diesel. Steel rather than alloy pistons are used to reduce friction and extend engine life. What’s more, Mercedes-Benz in-house asymmetrical turbochargers are able to maintain the same pressure at the turbine wheels throughout the rev range. Various ratings are available, including a 13-litre version rated at 530hp and a 16-litre one with 580 or 630hp. Mercedes-Benz is promising fuel economy improvements of up to seven per cent over the previous engine range, with AdBlue consumption down 40 per cent despite the engines all complying with Euro VI emission standards. Also on board will be Daimler’s third generation Powershift Automated Manual Transmission, which is expected to deliver up to 20 per cent quicker shifts than before. In Europe, Mercedes-Benz has already sold more than 200,000 units of the next generation truck and customers have already covered an estimated 12 billion kilometers – indicating just how high the hopes are for the new Actros in Australia. And according to Mercedes-Benz, early signs are promising, as two of the trucks that were part of this week’s launch found new owners on the spot – with a black unit going to Shane Blakeborough of SBL Logistics in Geelong, which was involved in the evaluation process.

New Actros launched by Benz in Australia Trade Trucks AU / October 21, 2016 Mercedes-Benz has officially launched its new Actros model in Australia at an event in northern Queensland. Unveiled to an audience of 260 customers, dealers and media, the new Actros hits the market on the back of an 18-month local trial involving 20 trucks, 1 million kms and 35 customers. "We are excited to introduce the next generation Mercedes-Benz truck to our key Australian customers," Mercedes-Benz Truck and Bus director Michael May says. "They have helped us put together a fantastic line up of trucks that will deliver new standards of efficiency, reliability and comfort." Available in four engine variants ranging from 11-litre and 13-litre options to a 16-litre powerhouse, the Benz will suit metro, regional, B-double and road train work. Originally launched five years ago in Europe, the Actros collected the 2012 International Truck of the Year for its in-line six-cylinder engine, fuel savings, AdBlue consumption reduction, safety improvements and automated transmission. The new model arriving in Australia also includes modern technology advances such as Proximity Control Assist adaptive cruise control with stop/start function, Active Brake Assist, and a 6.1-inch touch screen truck sat-nav unit and sound system. Mercedes-Benz says it has already received strong interest in the new truck and is offering a 500,000km/5 year’s free scheduled servicing offering on all new Actros prime movers. The new models will be followed in mid-2017 with rigid variants and all-wheel drive versions slightly after that. .

Truck maker Volvo's sales slip across most markets MarketWatch / October 21, 2016 Swedish truck maker Volvo AB posted a 15% decline in third-quarter net profit on Friday due to lower truck sales in all its markets except Europe. Volvo said net profit for the three months to Aug. 31 totaled 2.59 billion Swedish kronor ($290 million), compared with SEK3.07 billion in the same period last year. Revenue for the period ending Sept. 30 fell 6% to SEK68.76 billion from SEK73.31 billion last year. Analysts polled by FactSet had expected revenue of SEK69.6 billion and net profit of SEK3.09 billion. Volvo said its truck business, which accounts for about two-thirds of total sales, decreased by 13%. Chief Executive Martin Lundstedt said further steps will be taken to adjust production volumes downwards in North America. "The downward correction in the North American market continued and there is still a need to take down dealer inventories," Mr. Lundstedt said.

Renault Trucks’ global sales results.....versus the Volvo brand: January 2015 Renault up 24% Volvo down 4% February 2015 Renault up 26% Volvo down 13% 1st quarter 2015 Renault up 35% Volvo down 8% April 2015 Renault up 12% Volvo up 9% May 2015 Renault up 5% Volvo down 1% 2nd quarter 2015 Renault up 7% Volvo down 4% July 2015 Renault up 8% Volvo down 5% August 2015 Renault up 60% Volvo down 6% 3rd quarter 2015 Renault up 20% Volvo down 2% October 2015 Renault up 16% Volvo down 1% November 2015 Renault up 54% Volvo down 10% 4th quarter 2015 Renault up 29% Volvo down 7% Full Year 2015 Renault up 22% Volvo down 4% 1st quarter 2016 Renault up 8% Volvo down 8% 2nd quarter 2016 Renault up 12% Volvo down 9% 3rd quarter 2016 Renault down 5% Volvo down 12%

Volvo Group Press Release / October 21, 2016 In the third quarter, profitability improved slightly as better underlying performance offset the impact from lower volumes. Sales decreased by 6% to SEK 69 billion. The adjusted operating income amounted to SEK 4.8 billion, corresponding to an operating margin of 7.0% due to a positive cost development and a strong European truck market. Volumes in our truck business were down in all markets except Europe where activity remained high. Total deliveries of trucks decreased by 13%. The downward correction in the North American market continued and there is still a need to take down dealer inventories. Production volumes have gradually been adjusted downwards to meet the lower demand and further steps will be taken. Expectations of unit growth in other truck markets are limited and therefore focus will be on the service business and continuous improvements. The truck business continued to improve its profitability and the adjusted operating margin increased to 8.2% despite 13% lower volumes. In September, IAA, Europe’s leading trade show for transport and logistics took place. During the show, the Volvo FH was awarded first position in the prestigious Fehrenkötter-test, with victories in both fuel consumption and total cost of ownership. The multi-brand test stretches over 2.5 years in real-life customer operations and shows a leading position for Volvo FH in Euro 6-execution. During the quarter Volvo’s fully autonomous truck was the first in the world to be tested in operations deep underground in the Kristineberg Mine in Sweden. The self-driving truck is part of a development project aimed at improving the transport flow and safety in the mine. Volvo CE operates in a market with continued low demand. Deliveries are the same as last year’s third quarter but sales are down 3%. Operating margin improved slightly to 5.2% despite flat volumes and an un-favorable product mix. On the positive side orders increased slightly across all regions but from low levels in the BRIC regions. We see no immediate increase of demand and continue the internal work to focus on Volvo CE’s strongholds. During the quarter Volvo CE displayed a range of innovations such as a hybrid wheel loader with the potential to improve fuel efficiency by up to 50% and autonomous wheel loader and hauler prototypes. Volvo Buses’ deliveries were down by 7% in the quarter and while the development was good in Europe, deliveries in Asia and South America declined. The profitability decreased slightly, impacted by negative currency development. Volvo Buses also had a successful week at IAA and showed several new features such as Volvo Dynamic Steering, which benefits the driver by facilitating the operation of the bus. In addition, the market leading range of sustainable public transport solutions attracted a lot of interest. Volvo Penta continues to have a good performance with a strong operating margin of 14.5%. This is largely due to a strong development in Europe and innovative products, giving Volvo Penta a competitive edge in the market. Volvo Financial Services is reinforcing activities to deliver bundled solutions to the customer. This is further leveraging VFS contribution to grow the Group’s service business. The credit portfolio continued to perform well and VFS had a return on equity of 13.3%. Given current market conditions we will continue to have strong focus on cost control and optimized utilization of our regional value-chains. The outlined strategy, with Brand and Business Area driven organizations with decentralized accountability, continues to develop according to expectations. The aim is to get even more customer-centric organizations by capturing the service potential, simplifying our business portfolios and driving efficiency and motivation through continuous improvements. Martin Lundstedt, President and CEO • In Q3 2016, net sales decreased by 6% to SEK 68.3 billion (73.3). When adjusted for currency movements and acquired and divested units, the sales decrease was also 6%. • Adjusted operating income in Q3 2016 amounted to SEK 4,846 M (5,087), corresponding to an operating margin of 7.0% (6.9). Adjusted operating income includes a provision for the settlement with the European Commission of SEK 190 M in Q3 2016 and restructuring charges of SEK 434 M in Q3 2015. • Currency movements had a negative impact on operating income of SEK 45 M. • Operating cash flow in the Industrial Operations was positive in an amount of SEK 2.1 billion (neg. 3.3). ------------------------------------------------------------------------------------------------------------ The Numbers In Q3 2016, sales (deliveries) from Volvo Group’s truck operations amounted to 41,155* units, down 13 percent from 47,338 units in Q3 2015, and down 22 percent from 52,670 units in Q2 2016. Volvo brand truck sales (overall) fell to 22,353 units globally, down 12 percent from 25,495 units in Q3 2015, and down 21 percent from 28,255 units in Q2 2016. Volvo brand truck sales in North America plunged to 4,645 units, down 49 percent from 9,147 units in Q3 2015, and down 32 percent from 6,786 units in Q2 2016. Volvo brand truck sales in Europe rose to 11,585 units, up 23 percent from 9,389 units in Q3 2015, but down 20 percent from 14,430 units in Q2 2016. Volvo brand truck sales in Africa/Oceania (includes Australia, New Zealand) rose to 1,216 units, nearly unchanged from 1,210 units in Q3 2015, but down 17.5 percent from 1,454 units in Q2 2016. Mack brand truck sales (overall) plunged to 3,963 units globally, down 40 percent from 6,623 units in Q3 2015, and down 30 percent from 5,588 units in Q2 2016. Mack brand truck sales in North America plunged to 3,581 units, down 41 percent from 6,105 units in Q3 2015, and down 68 percent from 5,192 units in Q2 2016. Mack brand truck sales in South America plunged to 146 units, down 49 percent from 287 units in Q3 2015, and down 7 percent from 157 units in Q2 2016. Mack brand truck sales in Africa/Oceania (includes Australia, New Zealand) rose to 236 units, up 8 percent from 218 units in Q3 2015, but down 0.8 percent from 238 units in Q2 2016. Renault Truck brand sales (overall) fell to 9,920 units globally, down 5 percent from 10,495 units in Q3 2015, and down 27.3 percent from 13,650 units in Q2 2016 Renault Truck brand sales in Europe fell to 8,925 units, down 1 percent from 9,019 units in Q3 2015, and down 27.5 percent from 12,304 units in Q2 2016 UD (Nissan Diesel) brand sales (overall) rose to 4,919 units, up 4 percent from 4,725 units in Q3 2015, but down 5 percent from 5,177 units in Q2 2016. UD (Nissan Diesel) brand sales in Asia rose to 4,022 units, up 11 percent from 3,611 units in Q3 2015, but down 3 percent from 4,147 units in Q2 2016. Total Global Deliveries by Brand Q3 2016 Q3 2015 % Change Volvo 22,353 25,495 -12 Renault Trucks 9,920 10,495 -5 UD (Nissan Diesel) 4,919 4,725 4 Mack 3,963 6,623 -40 Total Deliveries 41,155 47,338 -13 Total Global Deliveries by Truck Size Q3 2016 Q3 2015 % Change Heavy Duty (>16 metric tons) 34,255 40,831 -16 Medium Duty (7-16 metric tons) 3,328 3,204 4 Light Duty (<7 metric tons) 3,572 3,303 8 Total Deliveries 41,155 47,338 -13 Total Global Deliveries by Region Q3 2016 Q3 2015 % Change Europe 20,510 18,408 11 North America 8,309 15,329 -46 South America 2,413 3,060 -21 Asia 6,923 7,173 -3 Africa & Oceania* 3,000 3,368 -11 Total Deliveries 41,155 47,338 -13 * includes Australia, New Zealand * Excluding Dongfeng, Dongvo (UD China) and VE Commercial Vehicles (Eicher) For a PDF version of the report, please click here: http://www.volvogroup.com/en-en/events/2016/oct/report-on-the-third-quarter-2016.html#Select%20any%20one%20Anchor%20Name%20from%20below%20list%20%20

Volvo divests properties in Gothenburg Volvo Group Press Release / October 21, 2016 Volvo Group has signed an agreement with the real estate company Platzer Fastigheter Holding AB regarding the sale of properties in the areas of Arendal, Torslanda and Säve in Gothenburg, Sweden. The sales price amounts to SEK 2.7 billion (US$304 million) on a debt free basis and the divestment results in a capital gain of SEK 1.4 billion (US$157.6 million), which is expected to impact the Group’s operating income by the corresponding amount in the fourth quarter of 2016. The divestment is part of a long-term plan to gather the majority of Volvo Group office workers in Gothenburg in an area that will be called Campus Lundby. Volvo Group will rent some of the properties that are sold during a transitional period, pending the completion of Campus Lundby. The Group’s operating cash flow and financial net debt will be positively affected in the amounts of SEK 2.6 billion (US$292.8 million) and SEK 2.3 billion (US$259 million), respectively, in conjunction with the closing of the transaction, which is expected to be carried out in the fourth quarter of 2016.

Scania Group Press Release / October 20, 2016 Scania is teaming up with [Oshkosh subsidiary] McNeilus to showcase its first concrete mixer trucks for the Mexican market, at the Mexican Association of Concrete Industries’ congress in Cancun from 19 to 22 October. The truck being displayed at the congress, one of the most important events in the concrete industry’s calendar, is a P 310 C6x4HZ model. Scania is providing the chassis, while the vehicle has an eight cubic metre mixer drum that has been manufactured by McNeilus in Mexico. The mixer truck represents the first big collaboration between Scania Mexico and McNeilus, part of the Oshkosh group of companies. Several other collaborations between the two are planned, including 10 more mixers and a front loader for refuse collection. Sustainable solutions João Crema, Sales Director for Scania Mexico, sees the cooperation with McNeilus in Mexico as being an important step toward being able to offer Mexican customers and fleet owners sustainable solutions that are tailor-made for infrastructure or building projects, strengthening relationships with the big fleet companies in this sector. “The aim of this initiative is to continue our work towards integrating more energy-efficient vehicles onto our roads to reduce greenhouse gas emissions,” says Crema. Strategic partnership “This is a very positive project, and it will definitely open the door to further initiatives. Scania is aiming to reduce emissions by using alternative fuels. At a global level this is a strategic partnership, and it will translate into excellent business for both companies,” says Håkan Lionell, Key Account Manager, Scania. The unit, whose strengths include its fuel economy and its better turning radius, can be used to pour concrete in areas with harsh road conditions or the construction of new infrastructure projects. With there already being several customers in Mexico for the unit, Scania and McNeilus hope that the trucks could be used in projects like the one to develop the new Mexico City international airport. Scania joins forces with Oshkosh - http://www.bigmacktrucks.com/topic/39780-scania-joins-forces-with-oshkosh/ .

Scania Group Press Release / October 20, 2016 COMPANION is a European Union (EU) funded project within the seventh framework program which has been led by Scania. In the project we have built a prototype for the coordination of vehicles to form platoons and thereby minimising the fuel necessary to transport the goods. .

Peterbilt Motors Company Press Release / October 20, 2016 .