Total deliveries from the Volvo Group’s truck operations in May 2012 amounted to 19 734 vehicles. This was a decrease of 3% compared with the year-earlier period. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault, UD and Eicher): Delivered Units May Change Year-to-date Change Volvo Group 2012 2011 2012 2011 Europe 7 481 9 006 -17% 34 254 40 789 -16% Western Europe 5 664 7 323 -23% 26 694 33 372 -20% Eastern Europe 1 817 1 683 8% 7 560 7 417 2% North America 4 677 3 571 31% 22 237 15 780 41% South America 1 982 2 435 -19% 8 749 10 864 -19% Asia 3 948 4 002 -1% 21 895 21 458 2% Other markets 1 646 1 244 32% 7 209 5 801 24% Total Volvo Group 19 734 20 258 -3% 94 344 94 692 0% Light duty (< 7t) 1 388 2 219 -37% 7 776 10 618 -27% Medium duty (7-16t) 2 781 2 477 12% 14 726 13 119 12% Heavy duty (>16t) 15 566 15 562 0% 71 842 70 956 1% Total Volvo Group 19 734 20 258 -3% 94 344 94 692 0% Volvo Deliveries of Volvo branded trucks in May decreased by 9% to 9,285 vehicles compared to the same period last year. The deliveries in Western Europe declined by 18%, as the markets in southern Europe are affected by the economic downturn. Given the current economic development in Europe, we are evaluating if the announced increases in production rates will be implemented as planned. The deliveries to Eastern Europe increased by 13%. In Russia the economic growth is continuously strong and the expansion of the infrastructure increases the construction-related demand. Deliveries in North America were flat in comparison with the same period last year as the supply pipeline, particularly for highway customers, has caught up with demand. May deliveries in Latin America for Volvo Trucks decreased 21% to 1,681 trucks as compared with 2,118 trucks in May 2011. Deliveries continue to be impacted by the implementation of new emissions regulations requiring Euro V technology, as well as the slow economic growth in Brazil and Argentina. Deliveries by market area: Delivered Units May Change Year-to-date Change Volvo 2012 2011 2012 2011 Europe 3 987 4 391 -9% 17 487 19 650 -11% Western Europe 2 607 3 171 -18% 11 761 14 263 -18% Eastern Europe 1 380 1 220 13% 5 726 5 387 6% North America 2 201 2 093 5% 11 130 8 753 27% South America 1 681 2 118 -21% 7 355 9 495 -23% Asia 843 1 260 -33% 4 315 5 501 -22% Other markets 573 366 57% 2 461 1 594 54% Total Volvo 9 285 10 228 -9% 42 748 44 993 -5% Medium duty (7-16t) 165 168 -2% 731 766 -5% Heavy duty (>16t) 9 120 10 060 -9% 42 017 44 227 -5% Total Volvo 9 285 10 228 -9% 42 748 44 993 -5% Mack Deliveries for Mack branded trucks in May totaled 2,687 vehicles, increasing 59% comparing with May 2011. Construction-related demand is beginning to show modest signs of recovery, and Mack continues to improve share in regional highway segments. Deliveries by market area: Delivered Units May Change Year-to-date Change Mack 2012 2011 2012 2011 North America 2 426 1 347 80% 10 806 6 448 68% South America 184 271 -32% 892 1 001 -11% Asia 12 2 500% 16 2 700% Other markets 65 70 -7% 477 346 38% Total Mack 2 687 1 690 59% 12 191 7 797 56% Heavy duty (>16t) 2 687 1 690 59% 12 191 7 797 56% Total Mack 2 687 1 690 59% 12 191 7 797 56% Renault In May, 4,570 Renault branded trucks were delivered, a decline by 18% compared to the year-earlier period. The decrease was mainly due to lower deliveries of light-duty trucks. In Western Europe, deliveries were down by 26% in May. Deliveries to markets in Eastern Europe held up better due to a good performance in Russia and declined in total by 6%. The Medium-Heavy Duty ranges decreased by 2% in May, while Heavy-duty trucks declined 9% and Light-duty trucks decreased 40%. Deliveries by market area: Delivered Units May Change Year-to-date Change Renault 2012 2011 2012 2011 Europe 3 494 4 615 -24% 16 767 21 139 -21% Western Europe 3 057 4 152 -26% 14 933 19 109 -22% Eastern Europe 437 463 -6% 1 834 2 030 -10% North America 18 15 20% 55 45 22% South America 98 31 216% 433 292 48% Asia 388 521 -26% 1 531 2 204 -31% Other markets 572 419 37% 2 170 1 897 14% Total Renault 4 570 5 601 -18% 20 956 25 577 -18% Light duty (< 7t) 1 097 1 843 -40% 5 961 7 960 -25% Medium duty (7-16t) 741 754 -2% 3 086 3 408 -9% Heavy duty (>16t) 2 732 3 004 -9% 11 909 14 209 -16% Total Renault 4 570 5 601 -18% 20 956 25 577 -18% UD Deliveries of UD branded trucks in May totaled 1,889 units an increase by 44% In Asia, deliveries totalled 1,402 units, an increase by 76%. In Japan, 805 trucks were delivered in May, an increase by 124% compared with the year-earlier period. Deliveries in May 2011 were negatively affected by the disruption of parts supply caused by the earthquake disaster in Japan last year. The overall demand for vehicles with lower environmental impact increased this year because of the governmental subsidy program and tax break. In South East Asia, deliveries totalled 512 units, an increase by 80%. In Indonesia, deliveries totalled 378 units, an increase by 135%. Deliveries by market area: Delivered Units May Change Year-to-date Change UD 2012 2011 2012 2011 North America 32 116 -72% 246 534 -54% South America 19 15 27% 69 76 -9% Asia 1 402 795 76% 7 130 5 249 36% Other markets 436 389 12% 2 101 1 964 7% Total UD 1 889 1 315 44% 9 546 7 823 22% Light duty (< 7t) 138 169 -18% 731 1 478 -51% Medium duty (7-16t) 1 027 605 70% 4 978 3 274 52% Heavy duty (>16t) 724 541 34% 3 837 3 071 25% Total UD 1 889 1 315 44% 9 546 7 823 22% Eicher Deliveries of Eicher branded trucks in May decreased by 8% to 1,304 trucks compared to the same period last year. Deliveries by market area: Delivered Units May Change Year-to-date Change Eicher 2012 2011 2012 2011 Asia 1 304 1 424 -8% 8 903 8 502 5% Total Eicher 1 304 1 424 -8% 8 903 8 502 5% Light duty (< 7t) 153 207 -26% 1 084 1 180 -8% Medium duty (7-16t) 848 950 -11% 5 931 5 671 5% Heavy duty (>16t) 303 267 13% 1 889 1 652 14% Total Eicher 1 304 1 424 -8% 8 903 8 502 5% Volvo Group represents 50% of the total production volume for Eicher. June 18, 2012 Reporters who would like more information, please contact: Media Relations Volvo Group: Mårten Wikforss, +46 705 59 11 49 Truck brands: Renault, Bernard Lancelot, +33 (0)4 72 96 58 89 Mack, John Mies, +1 336 39 34 300 Volvo, Lennart Pilskog, +46 31 66 49 26 UD, Hiroshi Nakamura, +81 48 72 67 601 Investor Relations: Christer Johansson, AB Volvo, +46 31 66 13 34 Anders Christensson, AB Volvo, tel +46 31 66 11 91 John Hartwell, Volvo Group North America, tel +1 212 418 7432 For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews. AB Volvo (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08:30 a.m. in June 18, 2012. The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications and aerospace components. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 20 countries and sells their products in more than 190 markets. In 2011 annual sales of the Volvo Group amounted to about SEK 310 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone
Truck deliveries in May 2012
| Source: Volvo, AB
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