Truck deliveries in July 2011
Total deliveries from the Volvo Group's truck operations in July
amounted to 16,898 vehicles. This was an increase of 18% compared with
the year-earlier period.
Volvo Group
Total deliveries by market for the Volvo Group's truck operations (Volvo
Trucks, Mack, Renault Trucks, UD Trucks and Eicher):
Delivered Units July Change Year-to-Date
Change
Volvo Group 2011 2010 2011
2010
Europe 6 612 4 864 36% 56 009 32 850
70%
Western Europe 5 384 4 242 27% 45 439 28 549
59%
Eastern Europe 1 228 622 97% 10 570 4 301
146%
North America 2 553 1 692 51% 21 664 11 335
91%
South America 2 426 1 685 44% 16 005 11 733
36%
Asia 4 078 4 669 -13% 29 816 29 691
0%
Other markets 1 229 1 467 -16% 8 383 8 322
1%
Total Volvo Group 16 898 14 377 18% 131 877 93 931
40%
Light duty (< 7t) 2 107 1 963 7% 14 960 14 386
4%
Medium duty (7-16t) 2 656 2 454 8% 18 566 17 623
5%
Heavy duty (>16t) 12 136 9 960 22% 98 352 61 922
59%
Total Volvo Group 16 898 14 377 18% 131 877 93 931
40%
Volvo Trucks
Volvo Trucks' deliveries in July rose by 31%, compared with the
year-earlier period. Delivery increases were noted in most of the
leading markets.
Deliveries in Europe totaled 3,121 trucks in July, up 40% compared with
July 2010. Key markets such as the UK and Germany reported increases of
31 and 19%, respectively. The trend for truck deliveries in Eastern
Europe remained positive, particularly the Russian market where
deliveries in July rose a full 178% year-on-year. As a whole, the number
of deliveries in Eastern Europe rose 115% in July, compared with July
2010.
In South America, high demand continued and deliveries in July increased
41% to 2,100 trucks, compared with July 2010. In the heavy segment Volvo
Trucks has a leading market position year to date.
In North America, deliveries in July rose by 49% to 1632 vehicles,
despite some disruptions due to production component shortages at the
New River Valley plant.
Deliveries by market area:
Delivered Units July Change Year-to-Date Change
Volvo Trucks 2011 2010 2011 2010
Europe 3 121 2 223 40% 26 795 14 462 85%
Western Europe 2 181 1 785 22% 19 065 11 512 66%
Eastern Europe 940 438 115% 7 730 2 950 162%
North America 1 632 1 094 49% 12 265 5 548 121%
South America 2 100 1 489 41% 13 910 10 344 34%
Asia 858 914 -6% 7 328 5 211 41%
Other markets 405 467 -13% 2 384 2 356 1%
Total Volvo Trucks 8 116 6 187 31% 62 682 37 921 65%
Medium duty (7-16t)
Heavy duty (>16t) 120 151 -21% 1 078 1 103 -2%
Total Volvo Trucks 7 996 6 036 32% 61 604 36 818 67%
Mack
Mack deliveries in July totaled 1,076 vehicles, up 42% (vs. 758)
compared with the year-earlier period but impacted by some disruptions
due to production component shortages. Despite ongoing low demand for
heavy-duty construction trucks, demand remained reasonably strong for
the highly fuel efficient Mack Pinnacle highway models and the
industry-leading Mack TerraPro refuse models.
Deliveries by market area:
Delivered Units July Change Year-to-Date Change
Mack 2011 2010 2011 2010
North America 831 537 55% 8 636 5 070 70%
South America 189 108 75% 1 432 1 006 42%
Asia 11 -100% 2 25 -92%
Other markets 56 102 -45% 604 514 18%
Total Mack 1 076 758 42% 10 674 6 615 61%
Medium Duty (7-16t) 1 1
Heavy duty (>16t) 1 076 757 42% 10 674 6 614 61%
Total Mack 1 076 758 42% 10 674 6 615 61%
Renault Trucks
Renault Trucks' deliveries rose by 15% in July compared with the
year-earlier period. Sales of light duty vehicles increased by 72%
during the month, while Medium and Heavy Duty vehicles were slightly
below last year.
In Western Europe deliveries increased by 30% while deliveries to
Eastern Europe rose by 57%.
Sales to markets in Turkey and Russia rose significantly compared to
last year.
Deliveries by market area:
Delivered Units July Change Year-to-Date Change
Renault Trucks 2011 2010 2011 2010
Europe 3 491 2 641 32% 29 214 18 388 59%
Western Europe 3 203 2 457 30% 26 374 17 037 55%
Eastern Europe 288 184 57% 2 840 1 351 110%
North America 7 9 -22% 73 27 170%
South America 105 86 22% 522 270 93%
Asia 212 408 -48% 2 718 1 622 68%
Other markets 281 407 -31% 2 549 3 136 -19%
Total Renault Trucks 4 096 3 551 15% 35 076 23 443 50%
Light duty (< 7t) 1 728 1 005 72% 11 500 7 795 48%
Medium duty (7-16t) 472 446 6% 4 617 4 408 5%
Heavy duty (>16t) 1 896 2 100 -10% 18 959 11 240 69%
Total Renault Trucks 4 096 3 551 15% 35 076 23 443 50%
UD Trucks
Deliveries from UD Trucks in July totaled 1,987 units, a decrease by 25
%.
In Asia, the number of deliveries was 1,385 units, a decrease by 34 %.
In Japan, the number of deliveries was 714 units, down 44% following the
end of manufacturing in January of light-duty trucks commissioned by
Nissan Motor. Excluding deliveries to Nissan Motor deliveries in Japan
increased by 8.5% compared to the year-earlier period.
Deliveries by market area:
Delivered Units July Change Year-to-Date Change
UD Trucks 2011 2010 2011 2010
North America 83 52 60% 690 690
South America 32 2 1500% 141 113 25%
Asia 1 385 2 111 -34% 8 233 13 911 -41%
Other markets 487 491 -1% 2 846 2 316 23%
Total UD Trucks 1 987 2 656 -25% 11 910 17 030 -30%
Light duty (< 7t) 168 793 -79% 1 864 5 515 -66%
Medium duty (7-16t) 961 952 1% 5 147 5 501 -6%
Heavy duty (>16t) 858 911 -6% 4 899 6 014 -19%
Total UD Trucks 1 987 2 656 -25% 11 910 17 030 -30%
Eicher
Deliveries from Eicher in July totalled 1,623 trucks, up 33% compared to
the year earlier period.
Deliveries by market area:
Delivered Units July Change Year-to-Date Change
Eicher 2011 2010 2011 2010
Asia 1 623 1 225 33% 11 536 8 922 29%
Total Eicher 1 623 1 225 33% 11 536 8 922 29%
Light duty (< 7t) 211 165 28% 1 596 1 076 48%
Medium duty (7-16t) 1 103 904 22% 7 724 6 610 17%
Heavy duty (>16t) 310 156 99% 2 217 1 237 79%
Total Eicher 1 623 1 225 33% 11 536 8 922 29%
Volvo Group represents 50% of the total production volume for Eicher.
August 30, 2011
Reporters who would like more information, please contact:
Media Relations:
Bernard Lancelot, Renault Trucks, +33 (0)4 72 96 58 89
John Walsh, Mack, +1 336 39 32 640
Jenny Björsne, Volvo Trucks, +46 31 66 45 23
Hiroshi Nakamura, UD Trucks, +81 48 72 67 601
Investor Relations:
Christer Johansson, AB Volvo, +46 31 66 13 34
Patrik Stenberg, AB Volvo, +46 31 66 13 36
Anders Christensson, AB Volvo, tel +46 31 66 11 91
John Hartwell, Volvo Group North America, tel +1 212 418 7432
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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 August 30, 2011.
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 100,000 people, has production facilities in 19
countries and sells their products in more than 180 markets. In 2010
annual sales of the Volvo Group amounted to about SEK 265 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
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Truck deliveries in July 2011
| Source: Volvo, AB
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