Arrow Truck Sales, Inc. celebrates55TH Anniversary

KANSAS CITY, MO (March, 2005) Arrow Truck Sales, Inc. is celebrating its 55th consecutive year of serving the truck industry, a record that is nearly unmatched in the industry. Arrow will be kicking off its 55th Anniversary Celebration at the Mid-America Trucking Show. Arrow’s 55th Anniversary events for 2005 will include special sales promotions, open houses, and giveaways.

Arrow Truck Sales, Inc. was launched in April 1950 on a small lot in Kansas City, MO by Jerry Nerman and the late Melvin Spitcaufsky. Today, Arrow is the value leader in pre-owned truck sales in North America, helping truck buyers maximize their investment dollars.

“Our first purchase was eight trucks and cars from the Corp of Engineers. I remember we had to roll some of them down a hill to get them started, because we didn’t own any jumper cables yet,” reminisced Jerry Nerman, co-founder and Chairman Emeritus of Arrow. Mr. Nerman continues to remain active in the daily operations of the company at its headquarters in Kansas City, MO.

Carl Heikel, Arrow’s president and CEO, remarked, “This anniversary is really a testament to the benefits of always treating customers with respect, as valued business partners. Even among all US companies, Arrow has remained in business longer than most that have been started since that time.” Heikel continued, “I’m very proud to be part of a company that’s been so successful for so long – especially in this industry.”

Arrow Truck Sales, Inc. is America’s best source of pre-owned medium- and heavy-duty trucks. Arrow carries all makes and models, maintaining a diverse inventory of more than 2,000 over-the-road tractors, vocational and specialty vehicles, and trailers. Arrow’s commitment to integrity, quality, value, and selection has earned the business of fleets and owner-operators across North America for 55 years. The company also operates a Purchasing & Wholesale Division. Arrow is headquartered in Kansas City, MO, and has 19 retail locations throughout the U.S. and Canada.

Arrow Truck Sales, Inc. is part of the Volvo Group of companies, a publicly-held company headquartered in Gothenburg, Sweden. With 2004 sales of approximately $27 billion, Volvo’s business areas include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace, and financial services. In the United States, Volvo shares are listed on NASDAQ and are traded as ADRs (symbol: VOLVY).

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