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    <label xlink:label="label_abvolvo_ifrs-fullIncreaseDecreaseInWorkingCapital_Total" id="abvolvo_ifrs-fullIncreaseDecreaseInWorkingCapital_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total change in working capital whereof</label>
    <label xlink:label="label_CashFlowsFromUsedInOperatingActivitiesAbstract" id="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash flows from (used in) operating activities</label>
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    <label xlink:label="label_abvolvo_abvolvoAdjustmentsForDecreaseIncreaseInCustomerFinancingReceivables_Standard" id="abvolvo_abvolvoAdjustmentsForDecreaseIncreaseInCustomerFinancingReceivables_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for decrease (increase) in customer-financing receivables</label>
    <label xlink:label="label_abvolvo_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories_Standard" id="abvolvo_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Change in inventories</label>
    <label xlink:label="label_abvolvo_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable_Standard" id="abvolvo_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Change in trade payables</label>
    <label xlink:label="label_abvolvo_abvolvoAdjustmentsForIncreaseDecreaseInOtherChangesInWorkingCapital_Standard" id="abvolvo_abvolvoAdjustmentsForIncreaseDecreaseInOtherChangesInWorkingCapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for increase (decrease) in other changes in working capital</label>
    <label xlink:label="label_abvolvo_ifrs-fullDividendsReceivedClassifiedAsOperatingActivities_Standard" id="abvolvo_ifrs-fullDividendsReceivedClassifiedAsOperatingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Dividends received from joint ventures and associated companies</label>
    <label xlink:label="label_abvolvo_ifrs-fullInterestReceivedClassifiedAsOperatingActivities_Standard" id="abvolvo_ifrs-fullInterestReceivedClassifiedAsOperatingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest and similar items received</label>
    <label xlink:label="label_abvolvo_ifrs-fullInterestPaidClassifiedAsOperatingActivities_Standard" id="abvolvo_ifrs-fullInterestPaidClassifiedAsOperatingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest and similar items paid</label>
    <label xlink:label="label_abvolvo_abvolvoOtherFinancialItemsClassifiedAsOperatingActivities_Standard" id="abvolvo_abvolvoOtherFinancialItemsClassifiedAsOperatingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other financial items, classified as operating activities</label>
    <label xlink:label="label_abvolvo_ifrs-fullIncomeTaxesPaidClassifiedAsOperatingActivities_Standard" id="abvolvo_ifrs-fullIncomeTaxesPaidClassifiedAsOperatingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Income taxes paid</label>
    <label xlink:label="label_abvolvo_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" id="abvolvo_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flow from operating activities</label>
    <label xlink:label="label_abvolvo_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_Standard" id="abvolvo_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments in intangible assets</label>
    <label xlink:label="label_abvolvo_abvolvoPurchaseOfTangibleAssetsLessLeasingVehiclesClassifiedAsInvestingActivities_Standard" id="abvolvo_abvolvoPurchaseOfTangibleAssetsLessLeasingVehiclesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase of tangible assets less leasing vehicles, classified as investing activities</label>
    <label xlink:label="label_abvolvo_abvolvoPurchaseOfLeasingVehiclesClassifiedAsInvestingActivities_Standard" id="abvolvo_abvolvoPurchaseOfLeasingVehiclesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase of leasing vehicles, classified as investing activities</label>
    <label xlink:label="label_abvolvo_ifrs-fullProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_Standard" id="abvolvo_ifrs-fullProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disposals of in-/tangible assets and leasing vehicles</label>
    <label xlink:label="label_abvolvo_abvolvoOperatingCashFlow_Standard" id="abvolvo_abvolvoOperatingCashFlow_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Operating cash flow</label>
    <label xlink:label="label_abvolvo_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_Standard" id="abvolvo_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments of shares</label>
    <label xlink:label="label_abvolvo_ifrs-fullOtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_Standard" id="abvolvo_ifrs-fullOtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Divestments of shares</label>
    <label xlink:label="label_abvolvo_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Standard" id="abvolvo_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Acquired operations</label>
    <label xlink:label="label_abvolvo_ifrs-fullCashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Standard" id="abvolvo_ifrs-fullCashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Divested operations</label>
    <label xlink:label="label_abvolvo_abvolvoCashFlowsFromInterestBearingReceivablesInclMarketableSecuritiesClassifiedAsInvestingActivities_Standard" id="abvolvo_abvolvoCashFlowsFromInterestBearingReceivablesInclMarketableSecuritiesClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash flows from interest-bearing receivables incl marketable securities, classified as investing activities</label>
    <label xlink:label="label_abvolvo_abvolvoCashFlowAfterNetInvestments_Standard" id="abvolvo_abvolvoCashFlowAfterNetInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash flow after net investments</label>
    <label xlink:label="label_abvolvo_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities_Standard" id="abvolvo_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">New borrowings</label>
    <label xlink:label="label_abvolvo_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_Standard" id="abvolvo_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Repayment of borrowings</label>
    <label xlink:label="label_abvolvo_ifrs-fullDividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_Standard" id="abvolvo_ifrs-fullDividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Dividend to owners of AB Volvo</label>
    <label xlink:label="label_abvolvo_ifrs-fullDividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_Standard" id="abvolvo_ifrs-fullDividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Dividend to non-controlling interest</label>
    <label xlink:label="label_abvolvo_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_Standard" id="abvolvo_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other</label>
    <label xlink:label="label_abvolvo_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Total" id="abvolvo_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Change in cash and cash equivalent excl. translation differences</label>
    <label xlink:label="label_abvolvo_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents_Standard" id="abvolvo_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Translation difference on cash and cash equivalents</label>
    <label xlink:label="label_abvolvo_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents_Total" id="abvolvo_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Change in cash and cash equivalents</label>
    <label xlink:label="label_abvolvo_ifrs-fullCashAndCashEquivalents_PeriodStart" id="abvolvo_ifrs-fullCashAndCashEquivalents_PeriodStart" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en">Cash and cash equivalents, beginning of year</label>
    <label xlink:label="label_abvolvo_ifrs-fullCashAndCashEquivalents_PeriodEnd" id="abvolvo_ifrs-fullCashAndCashEquivalents_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en">Cash and cash equivalents, end of year</label>
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    <loc xlink:type="locator" xlink:href="abvolvo-2021-12-31.xsd#abvolvo_NonCurrentOtherProvisionsAndProvisionsForRestructuring" xlink:label="abvolvo_NonCurrentOtherProvisionsAndProvisionsForRestructuring" />
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    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
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    <label xlink:label="label_abvolvo_ifrs-fullProfitLoss_Total" id="abvolvo_ifrs-fullProfitLoss_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Income for the period</label>
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    <label xlink:label="label_abvolvo_ifrs-fullProfitLoss_Standard" id="abvolvo_ifrs-fullProfitLoss_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Income for the period</label>
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    <label xlink:label="label_abvolvo_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_Standard" id="abvolvo_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Remeasurements of defined benefit plans</label>
    <label xlink:label="label_abvolvo_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_Standard" id="abvolvo_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Remeasurements of holding of shares at fair value</label>
    <label xlink:label="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" id="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Components of other comprehensive income that will be reclassified to profit or loss, net of tax</label>
    <label xlink:label="label_abvolvo_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax_Standard" id="abvolvo_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Exchange differences on translation of foreign operations</label>
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    <label xlink:label="label_abvolvo_ifrs-fullReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_Standard" id="abvolvo_ifrs-fullReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Accumulated translation differences reversed to income</label>
    <label xlink:label="label_abvolvo_ifrs-fullOtherComprehensiveIncome_Total" id="abvolvo_ifrs-fullOtherComprehensiveIncome_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Other comprehensive income for the period, net of income tax</label>
    <label xlink:label="label_abvolvo_ifrs-fullComprehensiveIncome_Total" id="abvolvo_ifrs-fullComprehensiveIncome_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total comprehensive income for the period</label>
    <label xlink:label="label_abvolvo_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent_Standard" id="abvolvo_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Owners of AB Volvo</label>
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